ED crackdown against Chinese hawala network, books Charlie Peng in money laundering case

After the I-T raids, the Enforcement Directorate (ED) had sought details from the I-T department and Delhi Police and lodged a money laundering case. The Enforcement Directorate (ED) on Monday lodged a money laundering case against the Chinese national after the Income-Tax department unearthed a hawala network being run by him worth thousands of crores. Sources told India Today that the ED has lodged a case against Charlie Peng alias Lou Sang under Prevention of Money Laundering Act based on the FIR filed by Delhi Police in 2018. 42-year-old Lou Sang, the Chinese national, is being interrogated by the I-T department for infusing money through hawala network, sources said. Interestingly, Lou Sang was arrested in a cheating and fake passport case in 2018 by Special Cell, however, he was later released due to lack of evidence.