The ‘missing’ chief of Ahmedabad-based Sai Info Systems (SIS) Sunil Kakkad has been arrested by interpol and the local police in Liberia in connection with the alleged Rs 1,000 crore fraud.
Kakkad, along with family, had been missing since June last year after the company failed to pay salaries to its employees and repay its lenders.
Sources in the Ahmedabad crime branch confirmed the arrest by the interational counterparts.
The city police had issued a lookout notice on Kakkad after he duped the bankers of approx Rs 1,000 crore in 2013…
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