Hyderabad, March 4 -- The Directorate of Enforcement (ED), Hyderabad Zonal Office, has filed a prosecution complaint (PC) before the Special Court (PMLA), Hyderabad, against MBS Jewellers Private Limited, MBS Jewellers, Sukesh Gupta, Musaddilal Gems & Jewels (India), Anurag Gupta, Karri Ravi Prasad, and Valluri Mohan Rao under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. The court took cognisance of the prosecution complaint on 1 March.

A prosecution complaint is an equivalent term for a charge sheet under PMLA cases.

The ED initiated an investigation based on an FIR registered by CBI, ACB, Hyderabad, against Sukesh Gupta and his companies for allegedly defrauding MMTC Limited (a public sector enterprise) to th...