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The Economic Times
The Economic Times

ED arrests Rakesh Kumar Gupta, chairman of media broadcast company in insolvency-linked case

Enforcement Directorate SEBI SMPL Crypto

New Delhi: The Enforcement Directorate has arrested the chairman of a Delhi-based media and broadcast company in a money laundering case linked to alleged irregularities in the Insolvency and Bankruptcy Code (IBC) processes, officials said on Saturday.

Rakesh Kumar Gupta, Chairman of the Sadhna Group, was taken into custody on Friday around 10:25 pm in Delhi under the provisions of the Prevention of Money Laundering Act (PMLA).

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