India: Major success for DRI, Dubai-based mastermind of money laundering syndicate arrested from Mumbai

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January 24 2019

In a major successful operation, officials of the Directorate of Revenue Intelligence on Wednesday arrested a Dubai-based Indian businessman over his alleged connections in several cases of foreign currency laundering and gold smuggling. The DRI conducted a secret operation to arrest the accused from Mumbai Airport. The arrest was made on January 22 but it came to light only after the DRI issued a statement on Wednesday. The DRI team was on a lookout for the businessman after his name cropped up in other cases.