The Directorate of Enforcement (ED) has arrested Amar Nath Dutta, marking the third arrest in a money laundering investigation involving Reliance Power , an Anil Dhirubhai Ambani (ADA) Group company. The case revolves around a fraudulent bank guarantee worth over Rs 68 crore issued to the Solar Energy Corporation of India Ltd (SECI) on behalf of Reliance NU BESS Limited, a subsidiary of Reliance Power, officials said.

The agency said SECI suffered a loss of over Rs 100 crore due to fraudulent bank guarantees submitted by Reliance Power subsidiary.

Dutta was arrested under the Prevention of Money Laundering Act (PMLA), with the agency securing four days of custody for questioning. According to the ED, Dutta, a resident of Kolkata, claimed to provide consultancy services in trade finan

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