Viva Group MD Mehul Thakur arrested by ED in PMC bank scam
New Delhi: Virar-based Viva Group’s MD Mehul Thakur has been arrested by ED in relation to the PMC Bank scam.
Company director Madan Gopal Chaturvedi has also been arrested, the ED said in a statement.
Earlier last week, the ED raided as many as five premises belonging to the Group and its associates. The premises that got raided include registered office of the Viva Group in Virar, house of the concerned person of the Viva Group in Virar, etc.
PMC Bank and Housing Development and Infrastructure Ltd (HDIL) had colluded to commit major scam and the promoters of HDIL are already behind bars.
The ED has started the investigation against HDIL under the Prevention of Money Laundering Act, 2002 (PMLA).