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PMLA case: ED arrests two former IL&FS executives

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Making it’s first arrest in the Infrastructure Leasing & Financial Services (IL&FS) case, the Enforcement Directorate on Wednesday arrested Arun Saha and Karunakaran Ramchand. While Saha was the JT MD & CEO, IL&FS Ltd, Ramchand was MD, IL&FS Transportation Networks (ITNL).

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