New Delhi, Nov 7: The Enforcement Directorate (ED) has made a third arrest in its ongoing money laundering investigation linked to a purported fake bank guarantee of ₹68 crore involving Anil Ambani’s group company, Reliance Power, officials said on Friday.

Amar Nath Dutta was taken into custody on Thursday under the provisions of the Prevention of Money Laundering Act (PMLA) and was remanded to four days of ED custody by a special court, sources confirmed.

Earlier, the agency had arrested former Reliance Power CFO Ashok Kumar Pal and Partha Sarathi Biswal, Managing Director of Bhubaneswar-based Biswal Tradelink, which is alleged to have been at the centre of a racket providing fake bank guarantees to corporate clients.

The case revolves around a bank guarantee worth ₹68.2 crore submitte

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