Bank Loan Fraud Case: ED nabs MP CM's nephew Ratul Puri

MP CM's nephew has been arrested by the ED in connection with Rs 354 crore bank loan fraud case.

New Delhi:Businessman Ratul Puri, the nephew of Madhya Pradesh Chief Minister Kamal Nath, has been arrested by the Enforcement Directorate in connection with Rs 354 crore bank loan fraud case on late Monday night.

They said that Puri was placed under arrest under the provisions of the Prevention of Money Laundering Act (PMLA).

He will be produced before a court on Tuesday.

The businessman was summoned by the Enforcement Directorate (ED) in connection with the bank loan fraud case.

A criminal case was filed an this instance by the Central Bureau of Investigation (CBI) on August 18 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.