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The Enforcement Directorate (ED) has taken Ashok Pal, the Chief Financial Officer of Reliance Power Ltd and a close associate of industrialist Anil Ambani, into custody. The arrest comes in connection with a Rs 68 crore fake bank guarantee, forming part of a larger money-laundering investigation.
“Portrait-style image of a middle-aged businessman in formal attire, looking serious, with subtle financial documents and bank symbols in the background, realistic news-style illustration.”
