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President of B'luru's Raghavendra Bank arrested in money laundering case
short by Dharini Mudgal / on 17 Feb 2022,Thursday
The Enforcement Directorate (ED) has arrested K Ramakrishna, the President of a Bengaluru-based cooperative bank, Sri Guru Raghavendra Sahakara Bank Niyamitha, in a money-laundering case. The case is linked to the alleged misappropriation of public funds worth ₹1,000 crore. ED alleged the bank officials siphoned off the money deposited by the public. They reportedly cheated over 40,000 depositors.
short by Dharini Mudgal / 04:28 pm on 17 Feb
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