Hawala is an ancient method of transferring money that operates outside of traditional banking channels Money laundering allegations According to Gupta’s petition to the Bombay High Court ...

According to the ED’s prosecution complaint (PC) filed in the PMLA Court, Mumbai, the WhatsApp group functioned as a command center for hawala operations and the laundering of unaccounted money.

Fourteen people have been arrested in Spain and Portugal in a series of raids targeting a €1tn (£828bn) criminal, money-laundering network ... the scheme used the "Hawala" method which involves ...