ED arrests Avantha Group promoter Gautam Thapar in money laundering case
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The Enforcement Directorate has arrested Gautam Thapar, promoter of Avantha Group, in connection with a money laundering case. Thapar was arrested after questioning by the agency. ED raided multiple locations in Mumbai and Delhi in connection with the case. The agency is proving Thapar's involvement in the diversion of bank funds, sham transactions with related parties and other charges based on a forensic audit report.