ED Arrests Archana Kute in Rs 2,467 Crore Dnyanradha Credit Society Money Laundering Case
3 hours agoCrime
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ED Arrests Archana Kute in Rs 2,467 Crore Dnyanradha Credit Society Money Laundering Case

The Enforcement Directorate (ED) has arrested Archana Kute in connection with a Rs 2,467-crore money laundering case involving the Dnyanradha Multi-State Co-operative Credit Society. The ED alleges diversion of investor funds to companies linked to the Kute Group, affecting over 400,000 depositors. Archana Kute's anticipatory bail was denied by a special PMLA court, which cited the case's complexity and the need for custodial interrogation. She denies executive involvement, claiming targeting due to her relation to Suresh Kute, who was also arrested earlier.

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