Mumbai CA arrested in â¹834 crore laundering case
The Enforcement Directorate has arrested Mumbai-based Chartered Accountant Dinesh Jajodia for his alleged role in laundering â¹834 crore in Foreign Currency Convertible Bond (FCCB). Geodesic Holdings, the firm where Jajodia worked as a tax consultant, raised the amount for which Citibank, London acted as trustee. However, Geodesic failed to repay the money to Citibank after maturity of bonds.