💨 Abstract

A Special PMLA court in Nagaland declared Bhupesh Arora, a Dubai-based man, a fugitive economic offender in a money laundering case linked to the 'HPZ Token.' The ED can now confiscate assets worth Rs 497 crore attached as part of the investigation. Arora allegedly left India in September 2022 and did not comply with a Gauhati High Court order to cooperate with the agency.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖