Supertech Chairman RK Arora arrested in money laundering case

Supertech chairman R K Arora held by ED over ‘money laundering’

Arora was summoned three days ago, and his questioning was going on.

But the investigation officer decided to arrest him on Tuesday evening after his questioning," an official said.

The Enforcement Directorate (ED) on Tuesday arrested R. K. Arora, chairman of the construction company Supertech, in a money laundering case.

On April 11, the ED attached properties worth Rs 40.39 crore belonging to Supertech and its directors.

The agency had claimed that the Supertech group defaulted on its payments to banks, and currently around Rs 1,500 crore of such loans have become NPAs.

It included 25 immovable assets in Uttarakhand and Meerut Mall in Uttar Pradesh’s Meerut.