ED arrested an alleged defaulter in connection with the Seva Vikas Cooperative Bank fraud case. The accused, Sagar Suryavanshi, was produced before a special court in Mumbai which remanded him in ED custody till June 26.
Special public prosecutor Kavita Patil for the ED submitted that the agency probe was over siphoning and diversion of funds to the tune of Rs 60 crore by Suryavanshi.
The agency said they required his custody as he had not cooperated with the probe.
