New Delhi, March 5 -- The Enforcement Directorate (ED)'s Mumbai Zonal Office today said it has arrested Archana Kute in connection with alleged financial irregularities and money laundering case related to Dnyanradha Multistate Co-operative Credit Society Ltd (DMCCSL) and others.
She was produced before a Special PMLA Court, which sent her to ED custody until March 7.
"The arrest was made pursuant to a money laundering investigation initiated on the basis of various FIRs (first information reports) registered between May and July 2024 by several police stations across Maharashtra under different sections of the IPC, 1860, in connection with fraud committed against investors by Suresh Kute and others through DMCCSL," the ED said.
Accordin...