Kolkata, July 14 -- The Enforcement Directorate (ED) has arrested two top Sahara Group officials -- Anil Vailaparampil Abraham, executive director of Core Management (CCM) Office, and Jitendra Prasad Verma, a long-time associate and property broker of the Sahara Group -- in an alleged money laundering case.
The arrest was made in the case of Sahara India and its group entities under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. The ED in a statement said Anil V Abraham played a key role in coordinating and facilitating the sale of Sahara Group properties, many of which involved substantial unaccounted cash components that were siphoned.
It also said JP Verma was actively involved in executing several of these pro...