Rs. Two arrested in Rs 3269 crore bank fraud case

Action taken by ED under PMLA

Two operators Ashok Kumar Goenal and Devki Nandan Garg arrested for making fake business entry

New Delhi: The Enforcement Directorate (ED) has arrested two operators for making fake business entries in connection with a money laundering case involving a Rs 3,269 crore bank fraud case against Shakti Bhog Food Company, the agency said in a statement.

The arrests came after raids on 12 complexes in Delhi and Uttar Pradesh on September 17. The agency said in a statement that bogus entrants Ashok Kumar Goyal and Devki Nandan Garg have been arrested from Delhi.

The agency said a local court had earlier ordered the two to be kept in custody till Friday. However, the court today extended the custody of the two for another five days. The ED claimed that a number of objectionable documents and digital evidence were found during the raid.

The agency claimed that Shakti Bhog Foods Limited had obtained fake sales bills from fake companies. After studying the CBI's FIR, the ED had filed a money laundering case against Shakti Bhog Foods Limited.

The ED had earlier arrested Shakti Bhog Foods Ltd chairman and MD KK Sharma and CA Raman Bhuraria in the case.