A special PMLA court in Bhopal on Thursday awarded five-year rigorous imprisonment to Ramakant Vijayvargiya, the Managing Director of Distinct Infrastructure Ltd, in connection with a case under the Prevention of Money Laundering Act (PMLA), .
Get latest articles and stories on India at LatestLY. A special PMLA court in Madhya Pradesh has convicted the managing director of a Bhopal-based real estate company under the anti-money laundering law in a case linked to cheating homebuyers by promising them plots in a residential project, the agency said Thursday. India News | Bhopal Builder Who Duped Real Estate Buyers Convicted for Money Laundering: ED.