Sachin Vaze took Rs 30 lakhs from BARC India in TRP scam: ED

Enforcement Directorate (ED) investigation into money laundering in the Television Ratings Points (TRP) scam has revealed a link to Mumbai Police Assistant Inspector Sachin Vaze. According to the findings, officials from ED discovered that Sachin Vaze has extorted Rs 30 lakhs from Broadcast Audience Research Council (BARC) for not harassing its executives.

BARC had reportedly shown in its books that it had awarded some construction related work on its premises and then transferred the money to the account of a dummy company. After BARC made the payment to the dummy company, it was layered through four more shell companies. It was then transferred through a hawalla operator’s bank account, showing fictitious transactions. The sum was then returned in cash to BARC which was then handed over to Waze’s associate an inspector.

ED has recorded the statements of a BARC employee and senior company executives who have confirmed the development. They are yet to question the crime branch inspector and Sachin Vaze.

According to media reports, Waze had been calling BARC executives along with officials from other companies associated with the case for questioning in his office on the premises of Mumbai commissioner’s headquarters in South Mumbai.

The ED will soon file its chargesheet in the TRP laundering case.


News in the domain of Advertising, Marketing, Media and Business of Entertainment

More in Media