Скачать или смотреть Hawala crackdown: ED books Chinese national in Rs 1,000-crore money laundering case

The Enforcement Directorate (ED) has registered a money laundering case against a Chinese national for allegedly running a hawala racket worth an estimated Rs 1,000 crore using shell or dubious firms, officials said on Monday. They said the central probe agency has pressed sections of the Prevention of Money Laundering Act (PMLA) against 42-year-old Charlie Peng, alias Luo Sang, who is alleged to be the kingpin of the racket. Peng and some of his alleged associates, including Indians, and bankers were raided by the Income Tax Department on August 12.

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