HomeNewsIndia NewsKandla Bank fraud case;  ED notice again to Bhasurangan

Kandla Bank fraud case;  ED notice again to Bhasurangan

Kochi: N Bhasurangan to be questioned again in Kandla Bank money laundering case. The Directorate of Enforcement issued a notice.  Bank’s former president Bhasurangan is scheduled to appear at the Kochi office on Friday morning.  

 Last day ed questioned Bhasurangan, son Akhil Jith and daughter Bhima for ten hours.  The question will be asked again tomorrow as a continuation of this.  ED also asked to produce Bhasurangan’s tax records.  

 The bank has incurred a loss of only 26 crores along with the bidders. Bhasurangan says that withdrawal of money is the reason for the loss.  Bhasurangan’s house in Thiruvananthapuram bank earlier in connection with the case. ED conducted an investigation and took the documents into custody.

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