Kolkata, Apr 20 A special court here on Monday remanded Kolkata-based businessman Jay Kamdar to eight days’ ED custody in connection with an alleged money laundering case, officials said.
Kamdar, managing director of Sun Enterprise, was arrested here on Sunday under the provisions of the PMLA, they said.
Seeking his custody, the Enforcement Directorate (ED) lawyer submitted before the special Prevention of Money Laundering Act (PMLA) court that it suspected proceeds of crime based on the accused’s social media chats.
After hearing the lawyers for the ED and the accused, the court remanded Kamdar to the central agency's custody till April 28.
The court directed that a medical examination of the accused be conducted every 48 hours.
He will be produced before the court again on April 28.
The ED had arrested Kamdar after conducting searches against him and Kolkata Police Deputy Commissioner Shantanu Sinha Biswas as part of a money laundering probe linked to an alleged criminal syndicate in the poll-bound state, officials said.
