Thursday, October 19, 2017

Money laundering: man held in airport

Salt Lake: Police arrested a man in the airport on Tuesday in connection with a money laundering case involving bank officials.

Officers of Salt Lake cyber crime police station picked up Hanish Toshniwal, 28, minutes after he landed in the city from Delhi and seized Rs 50,090, a mobile phone and his identity cards from him.

A group of bank officials and others had created 70 fake accounts to channel more than 100 crore in them from various sources after the demonetisation.

The police had arrested Madhusudan Grandhi, the manager of Karnataka Bank's Palm Beach Road branch, Navi Mumbai, in Calcutta on July 13. Grandhi had been posted at the bank's Rajarhat branch where the accounts had been opened using forged voter identity and PAN cards.
19/10/17 Telegraph