Source:
PTI
Mumbai: Entrepreneur and actor Sachiin Joshi was arrested on Sunday (February 14), after questioning from the Enforcement Directorate (ED) under various sections of the Prevention of Money Laundering Act (PMLA).
Joshi is the promoter of the JMJ business group. He has been arrested by the Enforcement Directorate in connection with a money laundering case against city-based realty group Omkar Realtors and Developers. The company and its two other executives are also facing allegations of diverting over Rs 400 crore loan from Yes bank.
Joshi is expected to be produced before a local court here on Monday where the Enforcement Directorate (ED) will seek his remand for custodial interrogation.