CBI arrests 5 officials from RLDA, BoB for misappropriation Rs 31.50 cr

The CBI has arrested five people, including two retired officials of the Rail Land Development Authority (RLDA) and Bank of Baroda in connection with alleged misappropriation of Rs 31.50 crore, officials said Monday.

The agency presented the arrested accused – RLDA’s former manager Vivek Kumar, former branch manager of Bank of Baroda Jaswant Rai, and three private individuals Gopal Thakur, Hitesh Karelia and Nilesh Bhatt – before a special court, which remanded them to judicial custody, the officials said.

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