New Delhi: A Delhi court on Saturday dismissed a petition challenging the arrest of Ashok Kumar Pal, Chief Financial Officer (CFO) of Reliance Power Limited, a company owned by industrialist Anil Ambani.

The Patiala House Court rejected the plea, which questioned the legality of Pal’s arrest by the Enforcement Directorate (ED).

Pal, a close aide of Ambani, was arrested on October 11 under charges of money laundering in connection with a fake bank guarantee case linked to the Anil Dhirubhai Ambani (ADA) Group.

According to the ED, Pal played a central role in diverting company funds and submitting fake bank guarantees worth over Rs 68 crore to the Solar Energy Corporation of India (SECI), allegedly to defraud a public sector enterprise. He is currently in judicial custody.

Following hi

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