Kamal Nath’s nephew Ratul Puri arrested by ED in bank fraud case

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Updated: August 20, 2019 10:01:48 AM

Madhya Pradesh Chief Minister Kamal Nath's nephew Ratul Puri has been arrested by the Enforcement Directorate in connection with a bank fraud case from Delhi.

Ratul Puri arrestedKamal Nath’s nephew Ratul Puri arrested by ED.

The Enforcement Directorate (ED) has arrested Madhya Pradesh Chief Minister Kamal Nath’s nephew Ratul Puri in connection with a bank fraud case from Delhi, news agency ANI reported on Tuesday morning. He will be produced before a court in Delhi later today where the agency will seek his custody to interrogate him.

ED officials told PTI that Puri has been arrested by the agency in connection with a Rs 354 crore bank loan fraud case. They said Puri was placed under arrest under the provisions of the Prevention of Money Laundering Act (PMLA) late Monday night.

The arrest comes a day after the agency opposed Puri’s application seeking cancellation of a non-bailable warrant (NBW) against him. The ED told a Delhi court that Puri was evading probe in the AgustaWestland chopper scam-related money laundering case. The ED made the allegations before special judge Arvind Kumar who was hearing Puri’s plea.

Puri’s counsel Vijay Aggarwal claimed the agency has been unfair to his client who is willing to cooperate in the investigation. They lawyer said that the ED has e-mailed Puri on Monday at 11:55 am and called him at 1 pm.

“This is unfair. How can a person join investigation at such a short notice,” he told the court.

Puri was earlier summoned by the Enforcement Directorate in connection with the bank loan fraud case. According to the ED, it had called Puri on various occasions, including on Sunday and Monday, but he did not appear.

On August 18, a criminal case was filed in this instance by the Central Bureau of Investigation (CBI) and multiple raids were conducted against Puri, his father and Moser Baer firm promoter Deepak Puri, mother Nita Puri, and others. The ED had slapped a PMLA case in this instance and arrested Puri. He is already under probe scanner of the agency in the AgustaWestland VVIP choppers case.

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