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Ex-President and Son Arrested in Kandala Bank Financial Fraud Probe

Fraud, Bribery & CorruptionEx-President and Son Arrested in Kandala Bank Financial Fraud Probe
Former president of Kandala Service Cooperative Bank, N Bhasurangan, and his son Akhiljith have been taken into custody by the Enforcement Directorate (ED) on Tuesday. The arrest follows over 10 hours of questioning in connection with the alleged financial fraud associated with the bank. Sources indicate that the ED is expected to officially record their arrest and present them before the PMLA special court on Wednesday.

By FCCT Editorial Team

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

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