ED arrests man linked to Choksi’s businesses

Source: The Hitavada      Date: 06 Nov 2018 08:34:16


 

NEW DELHI,

THE Enforcement Directorate (ED) arrested an executive of a firm linked to fugitive jeweller Mehul Choksi Monday in connection with its money laundering probe in the USD 2-billion PNB fraud case, officials said. They added that Deepak Kulkarni was apprehended from the Kolkata airport after he landed from Hong Kong.


Kulkarni was held under the Prevention of Money Laundering Act (PMLA) and was expected to be produced before a court on Tuesday, the officials said, adding that the ED would seek his transit remand to take him to Mumbai, where the case was registered.


Kulkarni was linked to the overseas businesses of Choksi, one of the main accused in the case, and the ED had notified a Look-out Circular (LoC) against him, the officials said.