CBI arrests six persons in connection with Rs 6,000 crore remittance scam in Bank of Baroda: Officials

The CBI and Enforcement Directorate have arrested six persons, including two officials of a Bank of Baroda branch here in connection with Rs 6,000 crore alleged illegal remittances to Hong Kong through the bank.

The CBI sources said AGM SK Garg and Jainish Dubey, who headed the Foreign Exchange division at BoB's branch in Ashok Vihar here were arrested for criminal conspiracy, cheating and provisions of the Prevention of Corruption Act.

On the other side, Enforcement Directorate arrested four persons, including an HDFC bank employee, in connection with the case.


The Directorate arrested arrested Kamal Kalra, working with the foreign exchange division of HDFC bank, Chandan Bhatia, Gurucharan Singh Dhawan and Sanjay Aggarwal after marathon questioning at its office.