The ED has filed a prosecution complaint against 7 entities and 5 individuals involved in the Chinese Loan App case before the Special PMLA Court, Bengaluru. The court has taken cognisance of the complaint, an ED official said.
The Enforcement Directorate said it has filed a charge sheet against payment gateway Razorpay, three fintech companies controlled by Chinese nationals, and as many NBFCs and some others in a money laundering probe linked to Chinese loan apps.
The money laundering case of the ED stems from multiple FIRs of the Bengaluru Police CID which were filed based on complaints received from various customers
The Enforcement Directorate has attached assets of over Rs 76 crore as part of a money laundering probe against certain Chinese ''loan app'' companies.