New Delhi: The Enforcement Directorate (ED) has arrested three people in connection with the Parabolic Drugs Ltd (Parabolic Drugs Ltd) money laundering case.
Two of them are founding members of Ashoka University. The ED has arrested Pranav Gupta, Vineet Gupta and their CA SK Bansal.
The central agency has made this arrest under the Prevention of Money Laundering Act. A day earlier, the ED had searched 17 locations of the accused.
The ED began its probe based on the CBI FIR after it charged parabolic drugs for an alleged bank fraud of Rs 1,600 crore.
