ED arrests head of Karvy for money laundering

ED arrests head of Karvy for money laundering

Authorities from the Enforcement Directorate detained Comandur Parthasarathy, the chairman and managing director of Hyderabad-based Karvy Stock Broking Limited (KSBL), on Sunday in connection with an alleged money laundering and funds diversion scheme worth hundreds of billions of rupees. The ED sleuths had transported Parthasarathy to Hyderabad and produced him at the special court for … Read more