The Enforcement Directorate (ED) on Tuesday arrested the former CFO and the former internal auditor of the Cox and Kings Group in connection with its money laundering probe in the Yes Bank alleged loan default case.

The agency said ex-chief financial officer Anil Khandelwal and ex-internal auditor Naresh Jain were arrested under the provision of the Prevention of Money Laundering Act (PMLA).

The central probe agency said its investigation found that Yes Bank had a total outstanding amount of Rs 3,642 crore in respect of Cox & Kings Group of Companies (CKG).

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