ED arrests two Chinese nationals in money laundering case



Two Chinese nationals, Charlie Peng and Carter Lee who were arrested in a money laundering case were produced to a court that sent them to 14-day remand of the Enforcement Directorate. They have been accused of running a hawala racket to the tune of Rs 1,000 crore. In August 2020, ED had registered a case of money laundering against a Chinese national after their premises were raided by the Income-tax department. 42-year-old Peng was allegedly holding a fake Indian passport and was accused of creating a web of sham companies that he used to launder hawala funds to and from China. Watch!

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