A statement of the federal agency to this effect came after the Pimpri-Chinchwad Police arrested Mulchandani and five of his family members for "obstructing" an ED raid conducted against the former bank chairman on January 27 and "destruction of evidence".source https://economictimes.indiatimes.com/industry/banking/finance/banking/board-of-directors-of-maharashtra-co-op-bank-violated-norms-to-siphon-off-funds-ed/articleshow/97446720.cms
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