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NEW DELHI: ED Friday arrested Gautam Doshi and Satish Seth, erstwhile apical executives successful Reliance Telecom and adjacent associates of Anil Ambani, successful its ongoing wealth laundering probe against Ambani’s Reliance radical entities.Doshi and Seth were arrested successful Mumbai. While Doshi was brought to Delhi to beryllium presented earlier a peculiar PMLA court; Seth, aft arrest, was hospitalised astatine JJ Hospital successful Mumbai.“Doctors who are treating the accused were not allowing ED to physically nutrient him earlier court. Hence, ED moved exertion seeking support to nutrient him connected video conference,” it said. Later, a Mumbai tribunal sent Seth to ED custody for 2 days with transit remand to beryllium produced earlier a Delhi tribunal connected June 14.ED’s lawsuit against Ambani and his radical entities and associates is handled by a peculiar probe squad constituted astatine the agency’s office here.The duo, on with Amitabh Jhunjhunwala, who is successful judicial custody, comprised the halfway enactment squad of Ambani. Doshi was earlier arrested successful 2011 by CBI successful its 2G spectrum scam lawsuit and was down bars for 7 months earlier helium was granted bail.In March, CBI had registered a caller anti-corruption FIR against Seth and Doshi for slope fraud of implicit Rs 100 crore, and had besides searched their premises successful Mumbai.
The bureau had besides questioned the 3 executives connected a ailment filed by SBI, which was the pb slope successful a consortium of 11 banks that had lent to Reliance Telecom.Seth served arsenic MD of Ambani’s Reliance Communications, vice-chairman of Reliance Infrastructure Ltd and a committee subordinate of Reliance Telecom Ltd (RTL). Doshi was radical MD and a committee subordinate of RTL. Jhunjhunwala, who was the archetypal to beryllium arrested by ED, was besides a radical MD and served arsenic vice-chairman of Reliance Capital.In a statement, a spokesperson for Ambani had told TOI earlier that the 3 erstwhile executives were nary longer associated with Reliance group. Jhunjhunwala, earlier his arrest, was an autarkic money manager with operations successful Dubai and Singapore, portion Seth was engaged successful existent property and bundle ventures. Doshi was progressive with a taxation and mergers & acquisitions advisory firm, successful summation to serving connected the boards of large companies specified arsenic Sterlite Industries, Sun Pharma, Suzlon Energy and Piramal Enterprises, according to the spokesperson.
