Gautam Thapar arrested by the ED for money laundering
Shortpedia
Content Team
Image Credit: TOI
Gautam Thapar, the promoter of Avantha Group, was detained by the Enforcement Directorate (ED) in connection with YesBank for a money laundering case. Thapar was arrested late on August 3 under the terms of the Prevention of Money Laundering Act (PMLA) after the ED raided him and his enterprises in Mumbai and Delhi. On August 4, Thapar is scheduled to appear in court, when the agency will seek his custody.
