In a major crackdown on financial crime, the Enforcement Directorate (ED) arrested Vinesh Chandel on Monday night in connection with a high-profile money laundering case. Chandel stands accused of orchestrating an international hawala racket involving at least ₹50 crore. According to the ED, funds collected from various sources were illegally channeled out of the country using sophisticated global networks.

In a rare move, Chandel was produced before the Additional Sessions Judge at Delhi’s Patiala House Court in the middle of the night. Following a marathon hearing that lasted until the early hours of Tuesday, the court remanded him to 10 days of ED custody. Investigators believe that custodial interrogation will reveal the full extent of the syndicate and the masterminds behind this massive outflow of unaccounted wealth.