Gautam Thapar sent to one-day ED custody
New Delhi
04-August-2021
A Delhi court on Wednesday sent Avantha Group promoter Gautam Thapar to one-day custody of the Enforcement Directorate (ED) in connection with a money laundering case.
The ED had demanded a 14-day custody, but the court sent Thapar to the custody of the financial probe agency for one day.
After a day's custody, the agency will again produce him before the court.
Thapar was arrested on Tuesday night after the ED carried out searches at multiple locations in Delhi and Mumbai.
The case of money laundering is based on an FIR registered by the Central Bureau of Investigation (CBI) against Thapar of Avantha Realty and Oyster Buildwell Pvt Ltd, among several others, for allegedly cheating Yes Bank to the tune of Rs 466 crore in June this year.-IANS
More Headlines
Mumbai Dethrones Beijing as Asia's Billionaire Capital, India Climbs to Third Globally
Jungle House: A Royal Summer Getaway Perched Amidst Shimla's Ancient Woods
Kangana Ranaut In Mandi Says Politics For Her Is A Way To Work For Society
Bizarre Poll Promise By Trinamool's Celebrity Candidate Draws Criticism
Mining Baron-Turned-Politician Janardhan Reddy Merges Party with BJP Ahead of Lok Sabha Elections
Mumbai Dethrones Beijing as Asia's Billionaire Capital, India Climbs to Third Globally
Jungle House: A Royal Summer Getaway Perched Amidst Shimla's Ancient Woods
Kangana Ranaut In Mandi Says Politics For Her Is A Way To Work For Society
Bizarre Poll Promise By Trinamool's Celebrity Candidate Draws Criticism
Mining Baron-Turned-Politician Janardhan Reddy Merges Party with BJP Ahead of Lok Sabha Elections