The Enforcement Directorate (ED) has arrested a person allegedly involved in creating a complex web of entities, which were used to route funds to the tune of ₹696.69 crore to Hong Kong and Singapore on various pretexts.
The accused named Amit Aggarwal was arrested under the Prevention of Money Laundering Act on August 30, 2025. The ED has taken action based on a First Information Report (FIR) registered by the Delhi Police’s Economic Offences Wing against Kinzal Freight Forwarding (OPC) Private Limited and others.
