Anup Prakash Garg a former Andhra Bank director arrested in connection with a money laundering probe in an alleged Rs 5,000-crore bank fraud case involving a Gujarat- based pharma firm.He was sent to a 2-day custody of the Enforcement Directorate by Metropolitan Magistrate Ritu Singh.The ED had lodged the money laundering case after taking cognisance of an earlier FIR registered by the CBI.This was the second arrest in the case after the agency had, in November last year, held Delhi-based businessman Gagan Dhawan.He has been named as an accused in the case by the ED as well as the Central Bureau of Investigation (CBI).

The FIR had also alleged that the total pending dues of the group companies were Rs 5,383 crore as on December 31, 2016.Garg has been arrested under the Prevention of Money Laundering Act (PMLA).

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