ED arrests former Haryana superintendent in IDFC Bank fraud case

The Enforcement Directorate (ED) has arrested Naresh Kumar, the then Superintendent in the office of the Director, Development and Panchayat, Haryana, in connection with an ongoing investigation in the IDFC Bank fraud case.

He was arrested under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. Investigation in the case has revealed embezzlement of public funds amounting to ₹645 crore from the bank accounts of the Haryana Government, Chandigarh Administration, and two private schools maintained with IDFC First Bank.

After being arrested yesterday, the accused was produced before a PMLA court, where he was sent to four days of ED custody till Sunday. Further investigation in the case is under progress.