ED Arrests Ambience Group, Leela Ambience Hotel Promoter In ACB Jammu FIR On Fraud


New Delhi, July 29: The ED has arrested Raj Singh Gehlot, promoter of the Ambience group, in a money-laundering case linked to an alleged bank loan fraud of Rs 800 crore.

Gehlot is expected to be produced before a court here after he was arrested under the provisions of the Prevention of Money Laundering Act.

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The ED case against Gehlot, who is also a promoter of the Ambience Mall in Gurugram, is based on a 2019 FIR of the Anti-Corruption Bureau of Jammu against AHPL and its directors for alleged money laundering in the construction and development of the five-star Leela Ambience Convention Hotel located at 1, CBD, Maharaj Surajmal Road, near the Yamuna Sports Complex in Delhi.

In March this year, the Anti-Corruption Bureau Jammu had filed a charge-sheet against Managing Director of Aman Hospitality Private Limited and two then Managers of Jammu and Kashmir Bank, Ansal Plaza branch New Delhi and others in Rs 270 crore bank load fraud case.