Probe Agency Arrests Ambience Group Promotor In Money Laundering Case

The officials said Raj Singh Gehlot is expected to be produced before a court in New Delhi after he was arrested under the provisions of the Prevention of Money Laundering Act (PMLA).

The ED has arrested Raj Singh Gehlot, promoter of the Ambience group, in a money-laundering case linked to an alleged bank loan fraud of Rs 800 crore, officials said on Thursday. They said Gehlot is expected to be produced before a court in New Delhi after he was arrested under the provisions of the Prevention of Money Laundering Act (PMLA). The central probe agency had raided Gehlot, his company Aman Hospitality Private Limited (AHPL), some other firms of the Ambience group, director in the company Dayanand Singh, Mohan Singh Gehlot and their associates in July last year. The ED case against Gehlot, who is also a promoter of the Ambience Mall in Gurugram, is based on a 2019 FIR of the Anti-Corruption Bureau of Jammu against AHPL and its directors for alleged money laundering in the construction and development of the five-star Leela Ambience Convention Hotel located at 1, CBD, Maharaj Surajmal Road, near the Yamuna Sports Complex in Delhi.