{"id":279152,"date":"2019-06-20T05:58:58","date_gmt":"2019-06-20T05:58:58","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=279152"},"modified":"2019-06-20T05:58:58","modified_gmt":"2019-06-20T05:58:58","slug":"mumbai-ed-arrests-two-former-directors-of-ilfs-in-pmla-probe","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mumbai-ed-arrests-two-former-directors-of-ilfs-in-pmla-probe\/","title":{"rendered":"Mumbai ED arrests two former directors of IL&amp;FS in PMLA probe"},"content":{"rendered":"<p>Mumbai: The Enforcement Directorate (ED), which is investigating a case of alleged money laundering at the debt-ridden Infrastructure Leasing and Financial Services Ltd (IL&amp;FS), on Wednesday evening arrested two former directors of the financial services company. They were arrested under the Prevention of Money Laundering Act (PMLA).<\/p>\n<p>&#8220;Arun Saha and K Ramachandra, former directors of IL&amp;FS, were arrested today by the Mumbai branch of ED. Further probe is underway,&#8221; said an ED official.<\/p>\n<p>The ED&#8217;s probe is to unearth the circuitous transactions that were used to fund group companies or financially distressed third parties.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: The Enforcement Directorate (ED), which is investigating a case of alleged money laundering at the debt-ridden Infrastructure Leasing and Financial Services Ltd (IL&amp;FS), on Wednesday evening arrested two former directors of the financial services company. They were arrested under the Prevention of Money Laundering Act (PMLA). &#8220;Arun Saha and K Ramachandra, former directors of IL&amp;FS, were arrested today by the Mumbai branch of ED. Further probe is underway,&#8221; said an ED official. The ED&#8217;s probe is to unearth the circuitous transactions that were used to fund group companies or financially distressed third parties.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,189],"tags":[],"class_list":["post-279152","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-roads-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/279152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=279152"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/279152\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=279152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=279152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=279152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}