New Delhi, May 10: Hampton Sky Realty Limited, a company linked to Punjab Cabinet Minister Sanjeev Arora, has publicly addressed the Enforcement Directorate (ED) investigation and the allegations against it for the first time. In an official press statement, the company expressed its full confidence in the country’s judiciary and legal processes, affirming its cooperation with investigative agencies.
The company made several significant claims regarding its mobile export business. According to Hampton Sky Realty, it launched its mobile phone export operations in May 2023. The company stated that the Indian government’s ‘Make in India’ initiative and the Production-Linked Incentive (PLI) scheme have bolstered mobile manufacturing and exports, prompting its entry into this sector. It also highlighted that the United Arab Emirates (UAE) is a major and vital market for Indian mobile exports.
Hampton Sky Realty claims to have exported a total of 44,471 genuine mobile phones and accessories, including devices from major brands like Apple, Samsung, and OnePlus. The company noted that all shipments underwent customs clearance and Original Equipment Manufacturer (OEM) verification processes.
To support its claims, the company referenced IMEI verification, stating that each mobile phone’s unique IMEI number was validated. According to the company, Apple and Samsung acknowledged the genuine IMEI numbers of the exported devices. Furthermore, it claimed that all phones were activated after reaching their foreign destinations.
Hampton Sky Realty has completely rejected allegations of fake exports and round-tripping. The company asserted that all funds received from exports were through legitimate banking channels, and all payments to suppliers were also made via banking methods.
Regarding the GST fraud case, the company has positioned itself as a victim. The statement indicated that some suppliers are accused of GST fraud, but this issue lies on the supplier’s side. The company claimed it had filed a First Information Report (FIR) in this matter, which was registered at the Focal Point police station in Ludhiana.
The company also mentioned that the disputed GST amount has already been deposited, and the case is currently pending with the GST appellate authority. According to the company, the government has not incurred any financial loss so far.
Hampton Sky Realty reiterated its commitment to cooperating with all investigative agencies and assured that all necessary documents will be presented in legal forums. The company expressed confidence that ultimately, “truth will prevail.”
Leave a Comment