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Tuesday , 26 September 2017
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ED arrests meat exporter Moin Qureshi in money laundering case

The Enforcement Directorate has arrested millionaire meat exporter Moin Qureshi in connection to a Rs 200 crore money laundering case.

The agency placed Qureshi under arrest on Friday night and took him in for questioning.

He will be produced before Delhi’s Patiala House court on Saturday.

Officials also alleged that he is not cooperating with the investigation.

Qureshi was being probed for allegedly remitting funds through hawala channels to Dubai, London and a few other destinations in Europe.

The meat exporter is also facing probes by the I-T department and the CBI for alleged tax evasion, money laundering and corruption among others.

The income tax department, during its probe, found that Qureshi had 11 bank lockers which were in the names of his employees and associates but actually belonged to him.

A probe had led the I-T department to a few foreign assets belonging to him and his family.

Qureshi had left the country on October 15, 2016, despite the Enforcement Directorate issuing a Look Out notice against him.

He returned in November to depose in the case.

In February this year, the CBI had registered a case against Qureshi and others based on a complaint filed by the Enforcement Directorate.

Former CBI Director AP Singh and two others were also named in the FIR.

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