ED arrests ex-Haryana govt official in rRs.r645-crore IDFC Bank fraud case
Chandigarh, June 12 -- The directorate of enforcement (ED), Chandigarh Zonal Office, has arrested Naresh Kumar, a former superintendent in the office of the director, development and panchayat, Haryana, in connection with the alleged Rs.645-crore IDFC First Bank fraud case involving embezzlement of government funds and money laundering.
According to the ED, Naresh Kumar was arrested on June 10 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, following an investigation into the alleged siphoning of public funds from bank accounts belonging to the Haryana government, Chandigarh administration and two private schools in Chandigarh and Panchkula maintained with IDFC First Bank.
The agency said its investigation h...
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