The Enforcement Directorate (ED) has arrested Ashok Kumar Pal, identified as the Chief Executive Officer and a former director of Reliance Power, according to sources on Saturday.
Pal, also described as an aide to Reliance Group Chairman Anil Ambani, was apprehended in connection with an alleged money laundering case involving Reliance Power. The specific allegations in the case reportedly relate to the company’s alleged fake bank guarantees.
Source: https://www.livemint.com/news/india/reliance-group-cfo-ashok-kumar-pal-arrested-by-ed-in-money-laundering-case-anil-ambani-11760153322597.html