The Enforcement Directorate (ED) on Tuesday arrested Ratul Puri, nephew of Madhya Pradesh Chief Minister Kamal Nath, in connection with a Rs 354-crore bank fraud case filed by Central Bank of India (CBI).
Puri, the former executive director of Moser Baer, was arrested this morning after the ED questioned him. He will be produced before a court today.
On Sunday, the CBI had booked Puri and four others in connection with the bank fraud case.
Besides Puri, those who were booked by the agency are — Deepak Puri, Nita Puri, Sanjay Jain and Vineet Sharma. They have been booked for alleged criminal conspiracy, cheating, forgery and corruption on the complaint filed by Murali Chetturi, a deputy general manager of Central Bank of India.
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Meanwhile, MP Chief Minister Kamal Nath said on the arrest of his nephew Ratul Puri: “I have no connection with the business they are doing. To me, it appears to be a purely mala fide action. I have full faith that courts will take corrective stand in this.”
Madhya Pradesh Chief Minister, #KamalNath on arrest of his nephew & businessman #RatulPuri: I have no connection with the business they are doing. To me, it appears to be a purely mala fide action. I have full faith that courts will take corrective stand in this. pic.twitter.com/TqAqR31QOf
— NewsMobile (@NewsMobileIndia) August 20, 2019
Puri is also an accused in a money laundering case connected to the Rs 3,600-crore AgustaWestland VVIP chopper scam.
On Monday, Special CBI Judge Arvind Kumar had reserved the order for August 21 on Puri’s plea seeking cancellation of a non-bailable warrant (NBW) against him in the case.
On August 14, the Delhi High Court had granted Puri interim protection from arrest till August 20.
(With ANI inputs)