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Январь
2024

ED opposes interim bail plea of Supertech chairman R K Arora in money laundering case

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The Enforcement Directorate opposed Supertech Group's chairman R K Arora's plea for interim bail on medical grounds in a money laundering case. They argued that the necessary medical assistance was available in prison, countering Arora's claim of deteriorating health. The case, stemming from FIRs in Delhi, Haryana, and Uttar Pradesh, alleges a scam involving 670 home buyers, defrauded of Rs 164 crore. The ED claims misappropriation of funds and diversion for land acquisition, rendering substantial loans non-performing assets.



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