India, March 8 -- A special court under the Prevention of Money Laundering Act (PMLA) on Saturday remanded Archana Kute, wife of arrested businessman Suresh Dnyanobarao Kute, to judicial custody till March 20 in the Enforcement Directorate's probe into the alleged Rs.2,467-crore Dnyanradha Multistate Co-operative Credit Society fraud.
Additional Sessions Judge R.B. Rote, while allowing the ED's application, said the agency had shown sufficient grounds for continued custody.
"The grounds for judicial custody appear to be sufficient and cogent," the court observed, adding that a perusal of the remand application indicated prima facie involvement of the accused in the offence.
The court also observed that denying judicial custody could ha...
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