IT company owner arrested for money laundering

Kolkata, Feb 12 (UNI) Sanjay Kedia, owner of the Exponse, an IT company, was today arrested by the Narcotics Bureau for alleged money laundering and violating Copy-rights Act.

Police said the sleuths of the Narcotic Bureau, following a tip-off, raided the office of the IT company at Salt Lake and arrested the owner. He was also charged with copying US drugs processing, police added.

The Exponse is registered with Software Technology Park of India.

UNI