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Karvy Group Chairman and CFO arrested by ED in ₹2,000 crore scam
short by Ashley Paul / on 27 Jan 2022,Thursday
Enforcement Directorate (ED) has arrested Karvy Group's Chairman and MD Comandur Parthasarathy and CFO G Hari Krishna in an ongoing ₹2,000 crore security and money laundering case. The accused were allegedly involved in fraud through illegal diversion of clients' securities worth ₹2,873.8 crore and pledging of these securities with banks and NBFCs to seek loans and subsequent loan defaults.
short by Ashley Paul / 05:49 pm on 27 Jan
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