New Delhi, Nov 7 (UNI) In the latest development in the Prevention of Money Laundering Act (PMLA) case involving forged loan guarantees linked to Reliance Power Ltd, the Enforcement Directorate (ED) on Friday arrested one more suspect, Amar Nath Dutta.

A senior ED official stated that Dutta was arrested in the submission of forged Bank Guarantees (BGs) worth over Rs 68 crore, along with fake BG endorsements and SFMS confirmations, by a Reliance Power Ltd subsidiary to the Solar Energy Corporation of India Ltd. (SECI).

The official said the accused claimed to have provided consultancy services in trade financing. Dutta allegedly played an active role, along with the previously arrested Ashok Pal and Partha Sarathi Biswal, in providing the fake bank guarantee.

Amar Nath Dutta was produce

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