News > ED arrests ex-Managing Director of Industrial Co-operative Bank Ltd

ED arrests ex-Managing Director of Industrial Co-operative Bank Ltd

ANI News | 24/06/2022 08:32 PM | Click to read full article

The Enforcement Directorate (ED) has arrested Subhra Jyoti Bharali, former Managing Director of Industrial Co-operative Bank Limited in a money laundering case, the agency said on Friday.

The federal agency arrested Bharali on Wednesday due to his involvement in the offence of money laundering and his non-cooperation in the Prevention of Money Laundering Act (PMLA) investigation.