New Delhi, March 9 : The Enforcement Directorate (ED) on Monday said that it has arrested Deepak Agarwal and Ayush Goyal for their involvement in a trade-based money laundering scam in which funds to the tune of Rs 1,500 crore were sent outside India in the guise of import of fake “customised software”.
An ED official here said that the agency arrested Agarwal on February 22 this year while Goyal on February 27. Both the accused were sent to judicial custody.
The official said that a court has granted three day ED custody of Agarwal from March 6 to 9. While the agency has also requested for the custodial interrogation of Goyal from the court.
The ED case is based on the basis of FIR registered by Andhra Pradesh Police against Vaddi Mahesh and others,on the complaint of Income Tax.
The official said that probe has revealed that Mahesh, in collusion with others had incorporated various shell firms and companies in India and opened bank accounts in the names of these firms or companies.
“Mahesh received funds from various persons Pramod Agarwal, Goyal, Vikas Gupta and Vinit Goenka which were deposited by him into the bank accounts of his firms and further transferred to the bank accounts of his shell companies,” the official said.
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