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LCB team arrested the accused Raju Manohar Naik from his Tilak Nagar residence in Mumbai on Sunday.
According to Amreli police, a criminal complaint was lodged at Pipavav Marine police station against Naik by the general manager of RNAVAL Manoj Upadhyay on April 4, 2018. The complaint was filed as Naik had failed to fulfill the contract agreement with RNAVAL in connection with repair work of INS Savitri.
Naik also did not return Rs 5 crore worth of materials which the company had provided his firm for repairing purposes.
Police said that Naik was booked under section 406 (criminal breach of trust) and 420 (cheating and dishonestly inducing delivery of property). Naik had been evading arrest after a local court in Rajula taluka of Amreli had rejected his anticipatory bail and issued his arrest warrant.
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