Mumbai cops arrest Kamala Mills owner in fraud case
Mumbai cops arrest Kamala Mills owner in fraud case
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MUMBAI: Mumbai Police's Economic Offences Wing (EOW) on Tuesday arrested Kamala Mills owner and real estate developer Ramesh Govani in connection with a Rs 67.50 crore fraud case, an official said.
Govani, who also serves as a director of a private land development company, allegedly purchased a project in the Khardanda area in Mumbai but failed to pay the consideration amount of Rs 67.50 crore to the complainant, the official stated.
Repeated demands for payment were ignored by Govani, prompting the complainant to approach the EOW and lodge a complaint.