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AAA The Enforcement Directorate on Tuesday said it has arrested an absconder who was wanted in alleged bank frauds worth about ₹100 crore under money laundering charges from the Ahmedabad international airport. Narendra Kumar Patel, director of Jay Ambe Gauri Chem Limited, was produced before a special Prevention of Money Laundering Act (PMLA) court in Hyderabad that sent him to ED custody till January 29, the central agency said in a statement. “Patel had deliberately absconded in 2015 and had fled the country along with his family and was residing in the USA. He could not be interrogated by the CBI. He was purposefully staying abroad and was enjoying the proceeds of crime,” it said.