DHFL's CMD Arrested By Enforcement Directorate
New Delhi: Promoter and Managing Director of embattled DHFL Kapil Wadhawan has been arrested by the Enforcement Directorate (ED) over allegations of money laundering with gangster Iqbal Mirchi and some others.
A probe was already underway by the ED and the investing tagging agency had to arrest Wadhawan as he was not co-operating in the investigation.
The probe relates to Iqbal Mirchi’s properties in Mumbai which has been described by the ED as the proceeds of the crime.
As many as three of these properties were sold to a company called Sunblink which is linked to Wadhawan’s brothers Dheeraj and Kapil, the ED said.
The probe agency has filed criminal cases against the gangster his family members to probe money laundering cases for dealings expensive properties in Mumbai.