Economy
ED Chargesheets EaseMyTrip Promoter in Mahadev Betting App Case
The Indian Express1h
THE BRIEF
1
The Enforcement Directorate filed a chargesheet against EaseMyTrip promoter Nishant Pitti in the Rs 5,000-crore Mahadev betting app money laundering case.
2
The agency accused Pitti of facilitating the movement of illicit betting proceeds into the equity market as foreign portfolio investments.
3
The ED provisionally attached Pitti's DEMAT shares worth Rs 59.6 crore and sought court permission to confiscate them as proceeds of crime.