money laundering case

ED Arrests Former Resolution Professional in Major Bank Fraud Case

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Gurugram, February 6: The Enforcement Directorate (ED) has taken significant action in a high-profile bank fraud and money laundering case linked to Richa Industries Limited (RIL) by arresting the company’s former Resolution Professional (RP), Arvind Kumar. Kumar served as the RP for Richa Industries from December 2018 until June 2025. He was arrested on February … Read more

Karnataka High Court Grants Medical Bail to Congress MLA Satish Sail

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Bengaluru, February 5: The Karnataka High Court granted medical bail to Congress MLA Satish Sail, who is currently imprisoned in a money laundering case. This decision allows him to undergo a liver transplant. The court instructed Sail to submit a report regarding his liver transplantation every two weeks. Additionally, he must file a health progress … Read more