Bank Fraud - ED arrests 2 Promoters, CA of Pharma company, Searches Ashoka University
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The Enforcement Directorate (ED) on Saturday arrested two promoters of a Chandigarh-based pharma company, who are also the co-founders of the Sonepat-based Ashoka University, and a chartered accountant in a money-laundering probe linked to an alleged bank fraud.
Official sources said the central agency also continued with its searches against the group for the second day, including at the Ashoka University's corporate and registered offices in Delhi and campus in Sonepat.
Parabolic Drugs promoters Vineet Gupta (54) and Pranav Gupta (56), who are also the co-founders of the Ashoka University, and CA Surjeet Kumar Bansal (74) were taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA), following a long session of questioning at the agency's office in Chandigarh.
Official sources said the central agency also continued with its searches against the group for the second day, including at the Ashoka University's corporate and registered offices in Delhi and campus in Sonepat.
Parabolic Drugs promoters Vineet Gupta (54) and Pranav Gupta (56), who are also the co-founders of the Ashoka University, and CA Surjeet Kumar Bansal (74) were taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA), following a long session of questioning at the agency's office in Chandigarh.
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