Mumbai: Suspended Bank Of India Officer Remanded To 14-Day Judicial Custody In Money Laundering Case
Suspended Bank of India officer Hitesh Kumar Singla was arrested by the ED for allegedly siphoning Rs 8.27 crore from 127 accounts, including those of seniors, minors, and dormant accounts, and investing it in the stock market. Using staff identities, he bypassed procedures. Singla has been remanded to 14 days’ judicial custody, and the ED probe continues.