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Mumbai cops arrest Cox & Kings owner's close aide in Rs 400-cr bank fraud case

Ajit Menon (67), a British citizen, was arrested by Mumbai Police at Cochin airport in Kerala after arriving from London on Tuesday.

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In Mumbai, the Economic Offences Wing (EOW) of the police has detained a key colleague of the owner of Cox & Kings, a tour and travel company, in connection with a Rs 400 crore fraud case against Yes Bank. Ajit Menon (67), a British citizen, was arrested by Mumbai Police at Cochin airport in Kerala after arriving from London on Tuesday. A Lookout Circular had been issued against him, reported PTI. 

Menon was brought to Mumbai on Thursday and presented in court, where he was detained in police custody until April 15. He is reported to be a close associate of Cox and Kings` owner, Ajay Peter Kerkar, the news agency report further added. 

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