The Enforcement Directorate (ED) has arrested the Vice-Chairman and Managing Director of real estate group IREO, Lalit Goyal, in connection with a money-laundering probe, officials said.

The businessman was arrested following several rounds of questioning with him at ED's Chandigarh branch for the last four days. He has been taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA) by the federal probe agency. He will be produced before a local court for seeking his remand.