Business News›News›India›Money-laundering case: ED arrests Supertech chairman for defaulting bank loans, defrauding flat buyers
Money-laundering case: ED arrests Supertech chairman for defaulting bank loans, defrauding flat buyers
The Enforcement Directorate (ED) on Tuesday arrested real estate company Supertech's chairman and owner R K Arora on money-laundering charges, official sources said. Arora was taken into custody under the criminal sections of the Prevention of Money Laundering Act (PMLA), following a third round of his questioning at the federal agency's office, they said.
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