<ul><li>Former UCO Bank Chairman Subodh Kumar Goel has been arrested by the Enforcement Directorate (ED) in connection with a ₹6,210.72 crore bank loan fraud case.</li><li>The ED alleges that large credit facilities were sanctioned to CSPL during Goel's tenure, which were diverted and siphoned off by the borrower group, with Goel allegedly receiving substantial illegal gratification.</li><li>Investigation revealed that Goel received cash, immovable properties, and luxury goods through shell companies and dummy persons to conceal the criminal origin of the money.</li><li>Several properties were found to have been acquired through shell companies beneficially owned or controlled by Goel and his family members, according to the ED.</li></ul>

ED arrests ex-UCO Bank chairman Subodh Goel in ₹6,210 Cr loan fraud

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