ED Arrests Chairman of Media Broadcast Company in Insolvency-Linked Case

ED arrests Sadhna Group MD over money-laundering allegations: Who is Rakesh Gupta? What’s the ₹168 crore case?

Sadhna Group founder Rakesh Gupta has been arrested in an ED money-laundering case. Investigators allege that about ₹168 crore in proceeds are involved.

ED arrests Rakesh Kumar Gupta, chairman of media broadcast company in insolvency-linked case

Rakesh Kumar Gupta, chairman of Sadhna Group, was arrested under the Prevention of Money Laundering Act. The Enforcement Directorate claims he manipulated insolvency processes to settle large tax dues for a fraction of the owed amount. Allegations include substantial cash transactions linked to cryptocurrency and questionable payments to connected creditors. The court rejected Gupta's defense arguments and deemed the investigation lawful and nec…

Sadhna Group Chairman Held In Major Money Laundering Probe

The Enforcement Directorate has arrested Rakesh Kumar Gupta, Chairman of Sadhna Group, in a money laundering case linked to alleged irregularities in IBC processes. He is accused of engineering insolvency to settle significant Income Tax dues for a fraction of the amount, receiving cash via crypto/hawala, and share manipulation. The alleged proceeds of crime total Rs 168 crore, and Gupta has been remanded to five days of ED custody.

ED arrests chairman of media broadcast company in insolvency-linked case

ED arrests chairman of media broadcast company in insolvency-linked case

ED arrests Sadhna Group MD Rakesh Gupta in Rs 168 crore money-laundering case

Sadhna Group chairman Dr Rakesh Gupta was arrested at 10.25 pm on Friday at Ishwar Farms in Vasant Kunj.