New Delhi: The Enforcement Directorate has arrested former Andaman and Nicobar Islands MP and Congress leader Kuldeep Rai Sharma in a money laundering case linked to a cooperative bank scam. Alongside Sharma, who was also the former chairman of the Andaman and Nicobar State Cooperative Bank (ANSCB), another person has been taken into custody.
The ED has also named the bank’s former Managing Director K. Murugan and Loan Officer K. Kalaivanan in the case. The arrests were made under the Prevention of Money Laundering Act (PMLA) and mark the first such detentions in the Union Territory. The case stems from a First Information Report filed by the Crime and Economic Offences Cell of the Andaman and Nicobar Police, which alleged large-scale irregularities and fraud within the bank.
