The Enforcement Directorate on Friday arrested Neeraj Singhal, promoter and former managing director of Bhushan Steel Ltd, followed by a search operation at his residence in connection with its probe in a bank fraud case of Rs 56,000 crore. Singhal has been remanded in ED custody by a special court here till June 20.
source https://timesofindia.indiatimes.com/india/bhushan-steel-promoter-held-in-bank-fraud-case/articleshow/100905877.cms
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