The Enforcement Directorate ( ED ) has reportedly arrested the CFO of industrialist Anil Ambani 's group company Reliance Power in a money laundering case linked to issuance of an alleged fake bank guarantee of Rs 68 crore. Arrest and Legal Action The CFO, Ashok Pal , was taken into custody on Friday night under the provisions of the Prevention of Money Laundering Act ( PMLA ) after he was questioned by the agency, sources told news agency PTI . He will be produced before a special court on Saturday and the agency will seek his remand for custodial interrogation, according to PTI sources. Details of the Alleged Fraud The case pertains to a bank guarantee of Rs 68.2 crore submitted to the Solar Energy Corporation of India Limited (SECI) on behalf of Reliance NU B

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