ED arrests NRI businessman Thampi in PMLA case linked to property deals

The ED has arrested NRI businessman C C Thampi, being probed for alleged forex violations of over Rs 1,000 crore and other charges, under the anti-money laundering law, officials said on Monday.

The central agency has been probing Thampi in a case of purchase of property in Kerala in alleged contravention of the Foreign Exchange Management Act  (FEMA).

A show cause notice of over Rs 1,000 crore was slapped by the ED against him in 2017.

The Dubai-based businessman has also been summoned by the agency in the past for questioning on his alleged links with Robert Vadra, son-in-law of Congress President Sonia