Karnataka HC Questions WinZO Arm ZO's Salary Claims Amid ED Probe, Frozen Funds

• Karnataka High Court directed WinZO subsidiary ZO Pvt Ltd to provide detailed employee information for salary claims.
• ZO seeks partial unfreezing of bank accounts, attached by ED under PMLA, to pay 220 employees and cover operational costs.
• ED disputes ZO's claim of 220 employees and ₹11.5 crore monthly salary outflow, citing recent incorporation and low income.
• ED highlights ₹230-239 crore inter-corporate transfers from WinZO to ZO and a ₹3,500 crore alleged proceeds of crime in its prosecution complaint.
• ZO argues it assumed WinZO's payroll responsibilities via board resolutions, denying 'double claim' and challenging ED's freezing order jurisdiction.

Why It Matters: Karnataka HC seeks verification of WinZO arm ZO's employee salary claims amidst ED's money laundering probe.