From The Economic Times
Center-Right Owned by Bennett, Coleman & Co.ED arrests Rakesh Kumar Gupta, chairman of media broadcast company in insolvency-linked case
RSS excerpt
Rakesh Kumar Gupta, chairman of Sadhna Group, was arrested under the Prevention of Money Laundering Act. The Enforcement Directorate claims he manipulated insolvency processes to settle large tax dues for a fraction of the owed amount. Allegations include substantial cash transactions linked to…