Media reports quote officials saying ED has arrested Viva Group Managing Director Mehul Thakur and Director Madan Gopal Chaturvedi in connection with the PMC bank and Housing Development and Infrastructure Limited company scam.
ED conducted searches at the premises of the viva group and the premises of their associates. During the searches, Rs 73 lakh cash, incriminating digital and documentary evidence were recovered, said ED officials. The ED action is based on the FIR registered by EOW under various sections of IPC.
Earlier, properties of Rakesh Kumar Wadhawan and Wadhawan family trust valued at Rs 293 crore and jewellery worth Rs 63 crores had been attached.