ED arrests third accused in ₹645 crore IDFC First Bank fraud probe

The Enforcement Directorate has arrested real estate businessman Vikram Wadhwa in a money laundering case involving the alleged diversion of ₹645 crore from bank accounts linked to the Haryana government, Chandigarh administration and two private schools. The accounts were held with IDFC First Bank. Wadhwa is the third person arrested in the case.