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Added on : 2023-10-27 12:27:10

The Enforcement Directorate (ED) on Friday conducted searches at 17 locations across several places of the country in a case registered under the Prevention of Money Laundering Act (PMLA) linked to the founders of Ashoka University.

In this case, Parabolic Drugs Ltd and its directors/promoters, Pranav Gupta and Vineet Gupta, committed bank fraud worth Rs 1,600 crore, according to sources.

An investigation revealed that Vineet Gupta and Pranav Gupta are the founders of Ashoka University.

Editor & Publisher : Dr Dhimant Purohit

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