Defendant arrested for money laundering

by time news

Mala: A case of money laundering by a co-operative bank in the past. Defendant arrested in Vathi. Police have arrested a 50-year-old man from Puthenchiramaniam. The accused was arrested by the Mala police.

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He has repeatedly taken Rs 7 lakh from the bank. The arrest was made based on a complaint lodged by bank officials.

The accused, who was produced in court, was remanded.

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