Real Estate Entrepreneur Kamlesh Kumar Jailed in Ranchi Amid Money Laundering Probe
The Enforcement Directorate (ED) has arrested Real Estate businessman Kamlesh Kumar in Ranchi under the Prevention of Money Laundering Act (PMLA).
Money LaunderingReal EstateKamlesh KumarEnforcement DirectorateRanchiReal Estate NewsJul 27, 2024
The ED had raided Kamlesh's rented flat on June 21, recovering ₹1 crore in cash and 100 rifle bullets. The agency subsequently requested that an FIR be lodged against Kamlesh under the Arms Act at Kanke police station in Ranchi. Despite receiving five summonses from the ED, Kamlesh failed to comply, prompting the agency to issue a sixth summons. He finally appeared at the ED office on Airport Road on Friday afternoon.
During the six-hour interrogation, the ED quizzed Kamlesh on various aspects of the land scam case, but he failed to provide clear answers to their questions. Consequently, the ED arrested Kamlesh late Friday night.
information The ED is a premier law enforcement agency responsible for enforcing the Prevention of Money Laundering Act (PMLA) and the Foreign Exchange Management Act (FEMA). The agency is empowered to investigate and prosecute offenses related to money laundering and foreign exchange violations.
The Enforcement Directorate (ED) is a specialized financial investigation agency under the Department of Revenue, Ministry of Finance, Government of India. The agency is responsible for enforcing economic laws and Edwards money laundering cases.
Frequently Asked Questions
What was Kamlesh Kumar arrested for?
Kamlesh Kumar was arrested for his alleged involvement in a land scam case and money laundering under the Prevention of Money Laundering Act (PMLA).
What was recovered from Kamlesh Kumar's flat during the ED raid?
The ED recovered ₹1 crore in cash and 100 rifle bullets from Kamlesh Kumar's rented flat during the raid on June 21.
How many summonses did Kamlesh Kumar receive from the ED before his arrest?
Kamlesh Kumar received six summonses from the ED before his arrest on Friday night.
Where is Kamlesh Kumar currently lodged?
Kamlesh Kumar is currently lodged in Birsa Munda Central Jail in Hotwar under judicial custody.
What is the next step in the investigation?
A hearing regarding Kamlesh Kumar's remand has been scheduled for Monday, where the ED will request further custody to facilitate additional questioning.
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