Kotak Mahindra Bank manager held for money laundering
The Enforcement Directorate has arrested a Kotak Mahindra Bank's branch manager in Delhi over money laundering and fake accounts in bank. The manager's involvement is being linked to money laundering cases of Kolkata businessman Paras Mal Lodha and Delhi advocate Rohit Tandon. Earlier this month, two people were held for fake accounts in the branch with ₹34 crore unaccounted deposits.