The Enforcement Directorate (ED), on Thursday, has arrested Basant Bansal and Pankaj Bansal, directors of Gurugram-based realty group M3M, in a money laundering matter linked to an anti-corruption bureau case against a Panchkula-based former special court judge, official sources said on June 15, 2023.ED on thursday, arrested Roop Kumar Bansal, director of real estate company M3M. Bansal is arrested under the Prevention of Money Laundering Act (PMLA): ED Officials pic.twitter.com/IvKlqFixB4— ANI (@ANI) June 9, 2023 The two directors were taken into custody by the agency on Wednesday under the provisions of the Prevention of Money Laundering Act (PMLA).The money laundering case in which they have been arrested pertains to a Haryana anti-corruption bureau (ACB) FIR filed in April against the former special court judge, his nephew and a third M3M group director Roop Kumar Bansal.The judge, according to the ACB FIR, was alleged to have been showing favouritism in the ED and CBI cases against the M3M group directors and another real estate group called IREO.The judge was later suspended by the Punjab and Haryana High Court.All the people accused in the ACB case have denied wrongdoing.The ED, on June 1, carried out raids against the M3M promoters and some others in another money laundering case linked to the IREO group and its promoter Lalit Goyal.Subsequently, the agency arrested Roop Kumar Bansal and the two other directors, Basant Bansal and Pankaj Bansal, obtained interim protection from arrest till July 5 from the Delhi High Court in this case.However, the ED has now arrested them in the ACB-case linked money laundering case.
