They stated aged joint MD of the corporate Arun Ok Saha and MD of transportation network Ok Ramchand were arrested gradual evening in Mumbai below the Prevention of Cash Laundering Act (
These are the predominant arrests in this case by the Enforcement Directorate.
The two will be produced sooner than a sure PMLA court docket in Mumbai on Thursday, they stated.
The central agency had filed a money laundering case in February this year and had twice raided a series of aged executives in command to win extra proof.
The debt crisis on the infrastructure lender came to light following a series of defaults by its crew companies origin September, 2018.
The ED’s case is in maintaining with an FIR filed sooner than the Economic Offences Flit (EOW) of the Delhi Police in December final year.