The Enforcement Directorate (ED) has arrested Saumya Singh Rathore and Pawan Nanda, founders of online gaming platform Winzo, on money laundering charges. Officials gave this information on Thursday.
According to officials, he was arrested in Bengaluru after being interrogated at the zonal office of the Central Investigation Agency on Wednesday. He said that the accused were produced in a local court in Bengaluru the same night from where they were sent to one-day custody.
He is expected to be produced before the court again for detailed orders. A statement issued by the ED on Monday had said that the company had allegedly ‘retained’ Rs 43 crore, which ideally should have been returned to ‘gamers’ (users of gaming apps) as India had recently banned real money gaming (RMG). Last week, the ED had raided premises linked to online gaming companies Winzo and Gamescraft.