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Supertech chairman R K Arora: ED opposes interim bail plea of Supertech chairman R K Arora in money laundering case

The Enforcement Directorate opposed Supertech Group s chairman R K Arora s plea for interim bail on medical grounds in a money laundering case. They argued that the necessary medical assistance was available in prison, countering Arora s claim of deteriorating health. The case, stemming from FIRs in Delhi, Haryana, and Uttar Pradesh, alleges a scam involving 670 home buyers, defrauded of Rs 164 crore. The ED claims misappropriation of funds and diversion for land acquisition, rendering substantial loans non-performing assets. ....

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