Anil Bastawade brought to Ranchi
Bastawade, who was brought to India from Indonesian capital Jakarta on Tuesday, would be produced before the court of Prevention and Money Laundering Act (PMLA), ED sources said.
He is the seventh accused arrested after Koda, Binod Sinha, Vikas Sinha, Manoj Punamia, Arvind Vyas and Vijay Joshi in connection with the money laundering and illegal investment case slapped against them.
Koda, who is in judicial custody now, was arrested on November 30, 2009 after the Income Tax department and the Enforcement Directorate claimed to have unearthed Rs 2500 crore money laundering and illegal investment scam following country-wide raids on 70 premises on October 31 the same year.
An ED official said the amount of the scam, which allegedly took place during the Koda regime between 2006 and 2008, has now gone up to Rs 3,400 in course of investigations.
This amount excludes Anil Bastawadeżs assets, the official added.
Be the first to comment.