A special court in Bombay on 18th February extended the custody of actor-producer-businessman Sachin Joshi till February 22. The Enforcement Directorate had sought extension of his custody in the alleged money-laundering case involving real estate developers Omkar Group. The ED told the court that Sachin had deleted his recent activity on his mobile phone, which raised the suspicion that incriminating content may have been deleted by him. Joshi had been arrested on 14th February and had been remanded to judicial custody till 18th.
The ED has alleged that Omkar Group had an outstanding loan of more than Rs. 2,000 crore with Yes Bank. It said, the money was not used for the intended purposes but was diverted and then laundered. ED also alleged that Sachin Joshi helped the promoters of Omkar Group to divert at least Rs. 87 crore