Owner of Gujarat Samachar, ‘Bahubali’ Shah, arrested by ED in money laundering case
मुख्य बातें
- •Shah (alias Bahubali Shah), owner of Gujarat’s popular daily *Gujarat Samachar*, was arrested by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA).
- •The ED conducted searches at Shah’s premises and offices, seizing important documents and financial records.
- •Shah is accused of using his newspaper to legitimise illegal income.
- •Cases have also been filed against Shah’s close associates, and the investigation is ongoing.
- •Senior journalists have expressed concern over the arrest, while the ED has stated that the action was taken in accordance with the law.
The owner of *Gujarat Samachar*, a popular daily newspaper published from Ahmedabad, Gujarat, Shah (also known as Bahubali Shah), has been arrested by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA). According to sources, the ED conducted a major operation against Shah in a long-running money laundering case, leading to his arrest. Shah is accused of illegally accumulating funds through his newspaper and subsequently laundering them.
ED officials stated that searches were conducted at Shah’s premises and offices prior to his arrest. Several crucial documents and financial records were seized during the operation and are currently under examination. Authorities allege that Shah converted illicit income into white money through advertisements and other activities in his newspaper. They added that the investigation is ongoing and further action may be taken soon.
