India: Yes Bank: ED arrests 2 Cox and Kings Group executives for money laundering
Mumbai, Oct 6 (PTI) The Enforcement Directorate (ED) on Tuesday arrested the former CFO and the former internal auditor of the Cox and Kings Group in connection with its money laundering probe in the Yes Bank alleged loan default case.
The agency said ex-chief financial officer Anil Khandelwal and ex-internal auditor Naresh Jain were arrested under the provision of the Prevention of Money Laundering Act (PMLA).
Both the accused were produced before a local court that sent them to 7 days' ED custody, it said in a statement.