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 Economic Times ·