Mumbai Businessman Arrested In Rs 1,034-Crore Money Laundering Case
NDTV
Pravin Raut, a former director of a company called Guru Ashish Construction Pvt Ltd, was arrested following his questioning at the ED office in Mumbai.
The Enforcement Directorate on Wednesday arrested a Maharashtra-based businessman in a money laundering probe linked to a Rs 1,034 crore land 'scam' related to the re-development of a 'chawl' in Mumbai.
Pravin Raut, a former director of a company called Guru Ashish Construction Pvt Ltd, was arrested following his questioning at the ED office in Mumbai.
Premises linked to him were searched by the agency on Tuesday.
Mr Raut was produced before a special Prevention of Money Laundering Act (PMLA) court in Mumbai that sent him to ED custody for eight days till February 9, the agency said in a statement.