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ED arrests Cox and Kings promoter Peter Kerkar in money laundering case

Shortpedia

Content Team
Image Credit: shortpedia

Cox and Kings promoter Peter Kerkar was arrested by the Enforcement Directorate (ED) on Thursday in the alleged loan default and money laundering case pertaining to Yes Bank, officials said. Kerkar was arrested in Mumbai under various sections of the Prevention of Money Laundering Act (PMLA) and will be produced before a local court there, they said.