New Delhi : The Enforcement Directorate (ED) on Wednesday arrested a city businessman in connection with a scam involving Rs 5000 crore.
Gagan Dhawan, the businessman, will be produced before a local court here.
ED arrests Gagan Dhawan under PMLA in a case involving bank fraud of over Rs 5000 Crore by Sandesara group.
— ED (@dir_ed) November 1, 2017
ED made the arrest following a raid at his properties.
Dhawan is said to be a close aide of Ranjit Sinha , the former director of the CBI who has been also named in the Coal-Block controversy.
More details awaited.