NEW DELHI: The Enforcement Directorate (ED) has arrested an executive of a firm linked to fugitive jeweller Mehul Choksi in connection with its money-laundering probe in the USD 2-billion PNB fraud case, officials said on Tuesday.
They added Deepak Kulkarni was apprehended from the Kolkata airport after he landed from Hong Kong on Monday.
Kulkarni, who was arrested under the Prevention of Money Laundering Act (PMLA), was produced before a court in Kolkata on Tuesday, which granted three days’ transit remand to the ED to produce him before a regular court in Mumbai, the officials said.
This PMLA case has been registered by the ED at its zonal office in Mumbai.
Kulkarni has been linked to the overseas businesses of Choksi, one of the main accused in the case, and the ED had notified a Look-out Circular (LoC) against him, the officials said.
He was a director in a Hong Kong-based “dummy” firm linked to Choksi, an official had said, adding that the ED had named him in a charge sheet filed against the jeweller earlier this year and a Mumbai court had also issued a non-bailable warrant against him. (AGENCIES)
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