CHENNAI: An employee of a city-based hospital forged the signatures of hospital authorities and siphoned off money from the bank and invested a part of the amount in movable and immovable properties worth `70 lakh, according to the Enforcement Directorate.
ED Joint director K S V V Prasad said this was revealed during probe on a complaint of suspected money laundering. The hospital employee Kamalakannan was arrested by Central Crime Branch in a cheating case. “We have attached the immovable and movable properties worth `70 lakh,” he said.
These properties were attached provisionally under the provisions of Prevention of Money Laundering Act.