India, Sept. 17 -- The Enforcement Directorate (ED) has arrested former Andaman and Nicobar Islands member of Parliament (MP) and Congress leader Kuldeep Rai Sharma and two others in connection with a money laundering case related to a fraud in the state cooperative bank, the agency said on Wednesday.

Sharma is the former chairman of Andaman Nicobar State Cooperative Bank (ANSCB). He was taken into custody under the Prevention of Money Laundering Act (PMLA) along with K Murugan, the managing director of the bank, and K Kalaivanan, the bank's loan officer.

"ED Kolkata Zonal office has arrested three persons, Kuldeep Rai Sharma, ex-member of Parliament, Andaman and Nicobar Islands and ex-Chairman of Andaman and Nicobar State Cooperative B...