The configuration address (ED) said on Monday that he arrested former Uco Kumar Goel Subodh Kumar Bank Kumar for money laundering charges in an alleged case of bank loans fraud of more than ₹ 6.2 billion rupees linked to a Kolkata -based company.
Goel was arrested from his residence here on May 16 in the case of the probing bee against Constra Steel and Power Ltd (CSPL) and others.
It was produced before the Court of the Special Money Laundering Prevention Law (PMLA) in Kolkata on May 17, which sent it to ED custody until May 21, said Federal Promory in a statement.
The ED had assaulted Goel’s facilities and some others in April as part of this research.
The money laundering case is derived from a FIR CBI related to the sanction of CSPL credit facilities and the subsequent “diversion” and “siphoning” or loans or loans of ₹ 6.210.72 million (main amount without interest).
The Emergency Department said that the duration of Goel’s possession as CMD of Uco Bank, the large credit facilities were “sanctioned” to CSPL that were “diverted” and “diverted” by the borrower group. In turn, he claimed that Goel received a “substantial illegal gratification” from CSPL.
“The illegal gratification was placed and channeled through several entities to give a facade of legitimacy. The investigation revealed that Goel received cash, immovable properties, luxury products, hotels, etc. reserves, etc., through a hungry family, hides the criminal origin of money,” said the Emergency Service.
Goel or his lawyer could not be contacted to obtain an answer on the accusations made by the emergency department against him.
The agency said that several properties acquired through fictitious or fictitious companies have been identified.
Goel and family members are “beneficial property or control of property” by their family members, he said.
“The source of funds of these entities is linked to CSPL. The evidence gathered so far also shows the use of accommodation inputs and structured placement through frontal companies for the systematic liquidation of bribes,” said the ED.
Sanjay Surekka, the main promoter of CSPL, was arrested by the Emergency Department in December 2024 and presented a charging sheet before the Kolkata court in February this year.
The agency had attached assets by value of ₹ 510 million rupees of Sureka and CSPL as part of two orders issued under the PMLA.
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Posted on May 19, 2025
