© hindustantimes.comED arrests former UCO Bank CMD Subodh Kumar Goel in money laundering case
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The Enforcement Directorate (ED) on Monday (May 19, 2025) said it has arrested former UCO Bank CMD Subodh Kumar Goel on money-laundering charges in an alleged bank loan fraud case of more than ₹6,200 crore linked to a Kolkata-based company.
Goel was arrested at his residence in New Delhi on May 16, 2025, in the case being probed against Concast Steel and Power Limited (CSPL) and others.
The Federal Probe Agency said in a statement that he was produced before the special Prevention of Money Laundering Act (PMLA) court in Kolkata on May 17, 2025, which sent him to ED custody until May 21, 2025. The ED had raided the premises of Goel and some others in April as part of this investigation.