ED Arrests Kerala Industrialist in Money Laundering Case Amid Corruption Allegations

The Enforcement Directorate (ED) arrested Kerala-based industrialist Aneesh Babu under the Prevention of Money Laundering Act in connection with a cashew export-related money laundering case. The ED cited his repeated failure to comply with summons and non-cooperation during investigations. Aneesh Babu has alleged the arrest is retaliatory after he accused an ED officer of demanding a bribe to settle the case. The accused officer denies wrongdoing and maintains a clean record, while investigations continue.