Six persons have been arrested in the case involving alleged money laundering to the tune of Rs 6000 crore at a branch of Bank of Baroda. Four of the arrests were made by the Enforcement Directorate and two by the Central Bureau of Investigation, sources said.
The men arrested by the CBI are Suresh Kumar Garg, the branch head and Jainis Dubey, the foreign exchange head, of the bank's Ashok Vihar branch, sources said.
According to media reports, money was being transferred through 59 accounts in the bank to companies in Hong Kong and Dubai for fake import and export businesses.
Over last few days, the ED and the CBI conducted joint raids to crack the case.