ED arrests ex-Haryana govt official in IDFC Bank fraud case
New Delhi, June 11 -- The Enforcement Directorate (ED) has arrested a former superintendent in the office of the Director, Development and Panchayat in Haryana, in connection with an ongoing investigation into the IDFC Bank fraud case.
Naresh Kumar was arrested on June 10 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. He was produced before a special PMLA court, which granted him four-day custody and ED custody till June 14.
ED said its investigation conducted so far revealed embezzlement of public funds amounting to Rs 645 crore from the bank accounts of Haryana Government, Chandigarh Union Territory administration, and two private schools based in Chandigarh and Panchkula, maintained with IDFC First Bank....
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