Mumbai EOW arrests civil contractor in Rs 122 crore New India Cooperative Bank scam

The EOW in Mumbai has arrested a fifth suspect, civil contractor Kapil Dediah, in connection with the Rs 122 crore funds misappropriation at the New India Cooperative Bank. Investigations uncovered that Dediah received Rs 12 crore of the missing funds. The probe continues to trace the fund flow and identify other participants.

Mumbai EOW arrests civil contractor in Rs 122 crore New India Cooperative Bank scam
The EOW in Mumbai has arrested a fifth suspect, civil contractor Kapil Dediah, in connection with the Rs 122 crore funds misappropriation at the New India Cooperative Bank. Investigations uncovered that Dediah received Rs 12 crore of the missing funds. The probe continues to trace the fund flow and identify other participants.