According to media reports, the Enforcement Directorate (ED) detained two co-founders of Ashoka University in relation to the purported money laundering case.
So far, the Enforcement Department (ED) has used the Prevention of Money Laundering Act (PMLA) to make three arrests: Vineet and Pranav Gupta; and chartered accountant SK Bansal.
The previous day, the ED began searching 17 sites in connection with the suspected bank fraud case involving Parabolic Drugs Ltd.
Parabolic Drugs was accused by the Central Bureau of Investigation (CBI) of bank fraud of ₹ 1,600 crore.