Ambaram is the brother-in-law of retired Navy storekeeper, Rajkumar Choudhary, who has already been arrested. Before Ambaram, 11 persons have been arrested in the case.
They include Rajkumar, four officers of the Navy’s Account Department at Karwar in Karnataka, and the Indore-based chartered Accountant Ramratan Singhal.
According to the official, Rajkumar had transferred Rs 4.82 lakh to Ambaram’s bank account, proceeds of the crime, in October 2014. The police have also recovered the money from Ambaram.
Some officials of the Karnataka-based Principal Controllers of Defence Accounts (PCDA) are accused of clearing the fake bills related to electrical purchases of Navy, and depositing the money – over Rs six crore – in two bank accounts here between July and October 2014.
The money was later withdrawn by the accused.