TIA NEWS
The Enforcement Directorate arrested controversial lawyer Rohit Tandon late last night in a case of seizure of 13.6 crore rupees after police raided a law firm premises as part of an anti-black money operation post demonetisation.
Officials said Tandon was arrested under the provisions of the Prevention of Money Laundering Act, PMLA, and will be produced in a court in Delhi for further custody. The agency suspects Tandon was allegedly instrumental in the illegal conversion of demonetised currency worth about 60 crore rupees in connivance with Kolkata-based businessman Paras Mal Lodha and arrested Kotak Bank manager Ashish Kumar.
The lawyer was earlier separately searched by the Income Tax department where it was said that he declared undisclosed income worth over 125 crore rupees to the taxman.