The Enforcement Directrate (ED) arrested two co-founders of the Ashoka University in connection with the alleged money laundering case, as per media reports.
So far, three arrests have been made by the ED including Pranav Gupta and Vineet Gupta, and chartered accountant SK Bansal under the Prevention of Money Laundering Act, or PMLA.
A day before, ED launched search operations at 17 locations in the alleged bank fraud case involving Parabolic Drugs Ltd.
The Central Bureau of Investigation (CBI) had charged Parabolic Drugs for alleged bank fraud amounting to ₹ 1,600 crore.
