ED arrests R K Arora in money-laundering case

R K Arora, the chairman and owner of the real estate firm Supertech, was detain by the Enforcement Directorate (ED) on Tuesday on suspicion of money laundering, according to official sources.

After a third round of interrogation at the federal agency’s headquarters,R K Arora was detain under the criminal provisions of the Prevention of Money Laundering Act (PMLA).

On Wednesday, he is anticipate to appear before a special PMLA court in this location, when the ED would ask for his continued remand.

A number of FIRs were file by the police departments in Delhi, Haryana, and Uttar Pradesh, and these FIRs are what led to the money-laundering case against the Supertech organisation, its directors, and its founders.

The real estate group’s and its directors’ assets worth more over Rs 40 crore had been attach by the ED in April.