The Directorate of Enforcement on Thursday arrested Manoj Gaur, former Executive Chairman and Chief Executive Officer of M/s Jaiprakash Associates Ltd. (JAL) and former Chairman and Managing Director of M/s Jaypee Infratech Ltd. (JIL), under Section 19 of the Prevention of Money Laundering Act (PMLA), 2002.

He was arrested under Section 19 of the PMLA, 2002, following a detailed investigation and analysis of evidences gathered during the ongoing probe in an ECIR recorded by the ED under PMLA in connection with the Jaypee Group.

The ED had initiated investigation against Jaypee Group on the basis of multiple FIRs registered by the Economic Offences Wings (EOW) of Delhi and Uttar Pradesh Police, based on complaints filed by homebuyers of Jaypee Wishtown and Jaypee Greens projects, alleging

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