THIRUVANANTHAPURAM: The Enforcement Directorate has found that Swapna Suresh, the main accused in the gold smuggling case, has an investment of Rs 38 crore in a private bank in the capital city. It is learnt that Sandeep Nair has also deposited in the same bank. Swapna has a locker in the same bank. Cash was transferred to Swapna’s account from UAE Consulate’s account.

In addition, it was found that cash was deposited directly from some other account. However, the enforcement has not opened the locker and examined.

The ED collected the account details of the consulate, Sandeep and Swapna. It is heard that the bank manager was questioned thrice on it. The Enforcement is suspicious on the consulate's account transactions.

The officials have sought the details of those accompanying Swapna to the bank. The manager was not able to provide the details. The investigating team is likely to examine the CCTV footages of the bank. The bank’s explanation is that Swapna handled the consulate’s account with their knowledge. The bank informed the ED that there are no lapses from their side.

The investigating team has obtained information that she has deposits in another private bank and some cooperative banks. It is suspected that she has six accounts in various branches of this private bank. Sandeep has also invested in this bank. The investigating team will examine all this. The bank managers will also be questioned.

Meantime, Swapna has withdrawn cash exceeding the limit of what one can withdraw. When the bank manager objected, she threatened to transfer the accounts to another bank. The bank manager had conveyed this to the investigating team.

The consulate’s account has transactions worth crore. The manager complied with Swapna’s threat fearing of losing it. Swapna had handled two accounts of the consulate. She transferred cash from one of the account to her own account.