ED summons Nora Fatehi, Jacqueline Fernandez for money laundering case

According to Indian media, the Canadian dancer and actor appeared before the ED just a while ago. The financial frauds watchdog has also summoned Bollywood actor Jacqueline Fernandez for tomorrow in connection with the case.

In this case, Nora Fatehi’s statement would be recorded under the Prevention of Money Laundering Act (PMLA).

The central agency had recorded the statement of Fatehi in connection with the case on multiple occasions in August and September this year. The agency has been probing if there was any financial transaction between Chandrasekhar, Fernandes, and Fatehi.

Sukesh Chandrasekhar has been accused of exaction worth Rs 200 crore from a businessman. It is alleged that Chandrasekhar had extorted the said amount from the businessman over the course of a year.

Chandrasekhar also has 20 other extortion cases registered against him.

The ED also raided the house of Chandrasekhar’s wife Leena Marie Paul. The agency suspects Paul of being involved in the case as well.

Money laundering is the illegal process of making large amounts of money generated by criminal activity, such as drug trafficking or terrorist funding, appear to have come from a legitimate source. The money from the criminal activity is considered dirty, and the process "launders" it to make it look clean.