New Delhi, Feb. 25 -- The Enforcement Directorate (ED) has arrested Arif Nisar, a key figure in Vuenow Marketing Services Ltd, in Delhi as part of a money laundering investigation linked to the company and its associated entities, said the agency in a statement on Tuesday.

As per the ED, Nisar, who holds a 75 per cent stake in Zebyte Infotech Pvt Ltd (ZIPL) and is a mentor and founder of the VMSL group, was arrested on Monday, February 24, following a search operation at his premises under the Prevention of Money Laundering Act (PMLA), 2002.

https://x.com/dir_ed/status/1894384163077464158

The agency said ED's Jalandhar zonal office arrested Nisar and seized various incriminating documents and records during searches. Nisar was later pr...