NEW Delhi, April 11 -- The Economic Offences Wing (EOW) of the Delhi Police has arrested two men for allegedly siphoning off nearly Rs.9 crore from the bank account of L&T SUCG JV - a joint venture between Larsen & Toubro Limited and Shanghai Urban Construction Group - police said on Thursday.
Additional commissioner of police (EOW) Amrutha Guguloth said the accused were identified as Nitin Birmal Dongare, 36, and Ashish Khandelwal, 32.
Police said the fraud was committed by manipulating the contact details associated with the corporate bank account, which allowed the accused to gain access to corporate internet banking. Police said 94 disputed transactions amounting to approximately Rs.8.94 crore were made between July 11 and August 30, ...