ED Makes Third Arrest in Reliance Power Fake Bank Guarantee Case

The Enforcement Directorate (ED) has arrested a third individual, Amar Nath Dutta, in its money laundering investigation into Anil Ambani's Reliance Power. The case involves an allegedly fake bank guarantee of ₹68 crore submitted to the Solar Energy Corporation of India (SECI). The ED had previously arrested a former Reliance Power CFO and the MD of an Odisha-based company that allegedly operated a racket providing fraudulent bank guarantees. The probe stems from a Delhi Police EOW FIR.