ED arrests RCOM ex-director Punit Garg in Rs 40,000-crore bank ‘fraud’ case
Directorate of Enforcement’s (ED) Special Task Force (STF), has arrested Punit Garg, ex-director of Reliance Communications Limited (RCOM), under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 in connection with an ongoing investigation relating to over Rs 40,000 crore alleged bank fraud and money laundering by RCOM and its group entities.
