New Delhi, October 28\u00a0<\/strong><\/p>\n The Enforcement Directorate on Saturday arrested two promoters of Chandigarh-based pharma company Parabolic Drugs and a company CA in a money laundering investigation linked to an alleged bank fraud, official sources said.<\/p>\n Parabolic promoters Vineet Gupta and Pranav Gupta and Chartered Accountant S K Bansal were taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA), they said.<\/p>\n The money laundering case stems from a CBI FIR in which the promoters and the pharma company were booked for allegedly defrauding a consortium led by Central Bank of India of Rs 1626.74 crore.<\/p>\n The Guptas are the co-founders of Sonepat-based Ashoka University but had stepped down from their posts in 2022 at the educational institution after the CBI registered a case against them and the company in 2021.<\/p>\n The three are expected to be produced before a special PMLA court in Chandigarh where the ED will seek their custody.<\/p>\n New Delhi, October 28\u00a0 The Enforcement Directorate on Saturday arrested two promoters of Chandigarh-based pharma company Parabolic Drugs and a company CA in a money laundering investigation linked to an alleged bank fraud, official sources said. Parabolic promoters Vineet Gupta and Pranav Gupta and Chartered Accountant S K Bansal were taken into custody under the […]<\/p>\n","protected":false},"author":1,"featured_media":50669,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","video":"","gallery":"","source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"1","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"footnotes":""},"categories":[9852,10243,14176,1],"tags":[6356],"class_list":["post-50668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking","category-chandigarh","category-cover-story","category-punjab","tag-enforcement-directorate"],"_links":{"self":[{"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/posts\/50668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/comments?post=50668"}],"version-history":[{"count":3,"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/posts\/50668\/revisions"}],"predecessor-version":[{"id":54126,"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/posts\/50668\/revisions\/54126"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/media\/50669"}],"wp:attachment":[{"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/media?parent=50668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/categories?post=50668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ozinews.in\/english\/wp-json\/wp\/v2\/tags?post=50668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}