The Directorate of Enforcement (ED) on Thursday formally arrested Rajendra Lodha, former director of real estate company Lodha Developers Limited (LDL), in an alleged money-laundering case.A special court on February 12 awarded Lodha’s custody to the anti-money-laundering agency.The ED is conducting a money-laundering investigation against him in connection with allegations that he had caused wrongful loss of more than Rs 85 crore to LDL when he was on the company’s board of directors.He was arrested in the crime branch case in September last year and had been in judicial custody since.The ED case against Lodha is based on a cheating and forgery case filed under the Bharatiya Nyaya Sanhita by the Mumbai police.The ED, probing the money-laundering case, produced him before a special court on February 12 on a production remand, where he was placed under arrest.Lodha will be produced before the ED court on Friday.