India, Feb. 13 -- A special court on Thursday awarded custody of developer Rajendra Lodha to the Enforcement Directorate (ED), which is conducting a money laundering investigation against him in connection with allegations that he had caused wrongful loss of more than Rs.100 crore to Lodha Developers Limited (LDL) when he was on the company's board of directors.
Lodha, who has been in judicial custody, was produced in court on Thursday. The ED will produce him in court for remand on Friday, ED sources said.
The ED's probe is based on a Mumbai police case registered with the NM Joshi Marg Police in September 2025 against ten accused, including Lodha and his son, based on a complaint from the company.
According to the first information r...
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