India, Sept. 20 -- In a chase that spanned over 13 hours and two states, the Enforcement Directorate (ED) on Wednesday arrested suspended Bank of India (BOI) officer Hitesh Singla, accused of misappropriating Rs.16.10 crore from 127 accounts belonging to senior citizens, minors, deceased customers and dormant account holders.

Singla, who had been allegedly absconding since the fraud came to light, was tracked down and arrested in Ahmedabad in the early hours of Wednesday after ED officials intercepted him on the 19320 Mahamana Express (Ujjain-Veraval). The 32-year-old man was attempting to flee while constantly shifting between seats and coaches in a bid to throw investigators off his trail.

He was produced before a special Prevention o...