Google officials depose before ED in online betting linked PMLA case

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Representatives of Google on Monday deposed before the Enforcement Directorate (ED) as part of a money laundering probe linked to the promotion of “illegal” online betting and gambling platforms, official sources said.

Executives from Meta did not depose, they said.

The ED had called the officials of the two tech giants, first on July 21 and later extended their deposition to July 28 as they sought more time to appear.

The agency may also record the statement of a designated “compliance officer” of Google under the Prevention of Money Laundering Act…



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Google officials depose before ED in online betting linked PMLA case



Representatives of Google on Monday deposed before the Enforcement Directorate (ED) as part of a money laundering probe linked to the promotion of “illegal” online betting and gambling platforms, official sources said.

Executives from Meta did not depose, they said.

The ED had called the officials of the two tech giants, first on July 21 and later extended their deposition to July 28 as they sought more time to appear.

The agency may also record the statement of a designated “compliance officer” of Google under the Prevention of Money Laundering Act…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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