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Vaibhav Gehlot, the son of Rajasthan CM Ashok Gehlot summoned by ED

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The son of Rajasthan’s Chief Minister received a summon for allegedly breaking foreign exchange rules. Vaibhav Gehlot, the son of Rajasthan Chief Minister Ashok Gehlot, appeared before the ED. In addition, Vaibhav Gehlot serves as a president of the Rajasthan Cricket Association.

RAJASTHAN CM’S SON VAIBHAV GEHLOT SUMMONED BY ED

Vaibhav Gehlot appeared before the Enforcement Directorate on Monday. He appeared before the ED due to the purported breach of the Foreign Exchange Management Act of 1999, following his summons by the investigative agency a few days earlier. It was approximately 11:30 a.m. when he arrived at the central agency headquarters.

The ED searches that targeted Vardha Enterprises Pvt. Ltd., the directors, and promoters of Triton Hotels & Resorts Pvt. Ltd., a hotel business with operations in Rajasthan, Shiv Shankar Sharma, Rattan Kant Sharma, and others are connected to the summons. Following this, the concerns over Vaibhav Gehlot’s relationship with Rattan Kant Sharma will likely rise. The claims were previously dismissed by Ashok Gehlot, who said that his son solely owned a cab business in which Sharma was a partner. The Rajasthan CM, Ashok Gehlot said that,

“They work separately now, Central agencies have no credibility now. It is a worrying situation. This is not about my son or the state Congress president (Govind Singh Dotasra). Aatank macha rakha hai desh mein (they have spread terror in the country)”

Furthermore, Union jal shakti minister Gajendra Singh Shekhawat responded to Ashok Gehlot. He commented by saying that rather than attacking the ED, the Chief Minister of Rajasthan should reveal how his son converted shares of the hotel from Rs. 100 to Rs. 29,500. He said Times of India that,

“Imagine one Triton Hotel share purchased ₹100 and sold it to a company based in Mauritius within one year at ₹29,500. The money rebooted to India was equivalent to 2.5 lakh shares for ₹29,500, which is a windfall gain made by Gehlot’s son”

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