 "Paytm")
The Enforcement Directorate (ED) has grilled senior officials of financial technology company Paytm, including the chief financial officer, for failing to exercise due diligence while facilitating remittances of companies involved in online betting scam.
This follows the money laundering case filed by the agency on Saturday against entities, including Dokypay Technology and Linkyun Technology, for allegedly running illegal online betting apps linked to China. The agency had also frozen four HSBC Bank accounts of these firms.
“The questioning happened earlier this week. Paytm officials were asked to join the probe after we began looking into the loopholes and gaps in digital wallets’
