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The Economic Offences Wing of the Mumbai Police today arrested two borrowers in connection with the NSEL scam as they were not co operating with the police and were evading summons.
Gagn Suri, CEO of Yathuri Associates (outstanding Rs 405.60 crore) and Ranjeev Aggarwal of PD Agro (O/S of Rs 674.09 crore) are the two borrowers arrested.
EOW, so far has attached assets worth Rs 6000 crore in connection with the scam and have attached Tirupati oil brand of NK Proteins (Rs 938.59 crore), the largest borrower in the scam.
PricewaterhouseCoopers has valued Tirupati brand at Rs 300 crore. In the past, EOW has also attached Dunar brand of PD Agro which was valued at Rs 600 crore.
