There is a strong suspicion that some people connected to the D-Company have been routing this money into his NGO," an IB source said. Interrogation of Gazdar, a marble contractor who doubled up as real estate agent, revealed "multiple layers of fund placements" after the money was routed to the IRF, the ED sources said. Gazdar, according to the ED, created several dummy companies to hide the sources of money accessed by the IRF. One such company helped in editing and airing Naik's speeches," ED lawyer Hiten Venegavkar said. Naik's ties with several influential people in Saudi Arabia has also been under the internal security scanner for some time now.

Source: Times of India February 20, 2017 02:03 UTC