ED arrests Chandigarh jeweller in ₹645-cr IDFC fraud

The Enforcement Directorate arrested Rajan Singh Katodiah, managing partner of Chandigarh's Sawan Jewellers, on October 22 in the ₹645-crore IDFC First Bank scam involving Haryana govt funds. His firm allegedly received ₹332 crore from shell entities linked to prime accused Ribhav Rishi. A special PMLA court granted ED four days of custody. Assets worth ₹225 crore have been attached so far.