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ED arrests Kamal Nath's nephew Ratul Puri in bank loan fraud case
Updated On: 20 August, 2019 09:28 AM IST | New Delhi | mid-day online correspondent
Businessman Ratul Puri was placed under arrest late on Monday night under the provisions of the Prevention of Money Laundering Act

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New Delhi: The Enforcement Directorate (ED) has arrested Ratul Puri, businessman and nephew of Madhya Pradesh Chief Minister Kamal Nath in connection with a Rs 354 crore bank loan fraud case, officials stated on Tuesday. According to news agency, PTI, they said Ratul Puri was placed under arrest late on Monday night under the provisions of the Prevention of Money Laundering Act (PMLA).
The news agency also reported that Ratul Puri will be produced before a court on Tuesday according to to the officials said. The businessman was summoned by the Enforcement Directorate (ED) in connection with the bank loan fraud case. A criminal case was registered on August 18 in this instance by the Central Bureau of Investigation (CBI) and multiple raids were conducted against Ratul 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 Ratul Puri, the officials stated. He is already under probe scanner of the agency in the AgustaWestland VVIP choppers case.

