India, Jan. 13 -- The Enforcement Directorate (ED) on Saturday arrested an imposter for allegedly attempting to manipulate and stall the auction of assets seized in the money laundering probe into an alleged Rs.5,978-crore fraud.

According to ED officials, Kalyan Banerjee, who was arrested in Secunderabad, Hyderabad, has been accused of falsely claiming to be close to senior bureaucrats and politicians. As part of its probe into the fraud case, the ED had in August 2019 attached assets worth Rs.299.99 crore belonging to businesswoman Nowhera Shaik and other accused from several states including Maharashtra, Telangana, Kerala and Delhi.

The ED's money-laundering investigation came after several cases were registered against Shaik and oth...