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Rose Valley official gets 7-year jail under PMLA

Photo for representation only. - File photo

New Delhi, February 13

A special Prevention of Money Laundering Act (PMLA) court in Kolkata has convicted a Rose Valley Group official, Arun Mukherjee, and awarded him seven years’ imprisonment on money laundering charges, the Enforcement Directorate (ED) said on Saturday.

The ED had registered an FIR against Rose Valley Real Estates Construction Ltd, its chairman Gautam Kundu and others in 2014 under the PMLA. Kundu was arrested by the agency in Kolkata in 2015.

“The court has sentenced Arun Mukherjee to rigorous imprisonment of seven years and to pay a fine of Rs 2.5 lakh,” the ED said in a statement. — TNS

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