Avantha Group chief Gautam Thapar stashed over Rs 500 crore illegally outside India: ED

After arresting Avantha Group chief Gautam Thapar, the Enforcement Directorate informed that he stashed illegal properties amounting to more than 500 crore rupees outside India.

The Enforcement Directorate (ED) on Wednesday claimed that the case against Gautam Thapar, the chief of Avantha Group, has international ramifications. The agency said that more than 500 crore rupees related to the crime have been stashed outside India in the form of immovable properties and bank accounts. Gautam Thapar was remanded to ED’s custody for a day by a special court. He was placed under arrest on Tuesday evening by the investigators in the money laundering case.