New Delhi, April 23 -- Wave Group Vice Chairman Manpreet Singh (Monty) Chadha has been exonerated in various cases filed against him in 2018, 2021, 2023 and 2024.

The first case pertains to FIR No. 16/2018 registered at the Economic Offences Wing--Police Station.. A case was filed under Sections 406, 420, and 120B of the Indian Penal Code, 1860 (IPC), and Sections 3 and 4 of the Prevention of Money Laundering Act (PMLA). An ECIR/099HIU/2019 was also filed by the Enforcement Directorate, with FIR No. 16/2018 as the predicate offence.

The case was compounded under Section 320 of the CrPC by court order dated November 19, 2019, resulting in the acquittal of Manpreet Chadha and other alleged accused persons.

Another FIR No. 49/2021 registe...