ED arrests Rakesh Kumar Gupta, chairman of media broadcast company in insolvency-linked case

Economic Times - Oct 10, 2026

Rakesh Kumar Gupta, chairman of Sadhna Group, was arrested under the Prevention of Money Laundering Act. The Enforcement Directorate claims he manipulated insolvency processes to settle large tax dues for a fraction of the owed amount. Allegations include substantial cash transactions linked to cryptocurrency and questionable payments to connected creditors. The court rejected Gupta's defense arguments and deemed the investigation lawful and necessary.

Read full article

More News

The Diva Today

Hottest news updates in Hollywood. Discover more on your favorite celebrities and get closer to them only here in The Diva Today.



Copyright © 2015 - 2026 The Diva Today. All Rights Reserved.