Chinese national, two others arrested for money laundering in Gujarat

Gujarat Police arrested Ping Huang, a Chinese national and two others for allegedly using a shell company to transfer Rs 1 crore to China. The other accused Sanjay Patel, who owns an courier firm, and Suraj Maurya, who worked for a Chinese hawala agent identified as Xie Cheng, have also been nabbed.

The Gujarat police have arrested a Chinese national and two others for allegedly using a shell company to transfer Rs 1 crore to China through hawala, an official said on Wednesday.

According to the police, bank accounts of various Chinese shell companies with Rs 15 crore were frozen, and names of more such companies that have come under suspicion, the official from Ahmedabad crime branch said.

The police on Tuesday arrested Chinese national Ping Huang, who is accused of transferring Rs 1 crore to China through hawala via Bangkok with the help of his two Indian accomplices, he said.

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The other accused Sanjay Patel, who owns an angadia (courier) firm, and Suraj Maurya, who worked for a Chinese hawala agent identified as Xie Cheng, have also been nabbed, the official said.

Huang is the director of Shuangma Machinery, which manufactures plastic injection moulding machines and he would allegedly receive a part of the cost of the product in cash after billing it at a lower price, he said.

In December 2020, the company had transferred Rs 1 crore to China using hawala route via Bangkok with the help Huang and his two Indian accomplices, he said.