PMC Bank Scam: Ex-Director Sent To Police Custody Till Oct. 22

Bloomberg Quint | Oct 17, 2019 at 4:56 PM
  • A Mumbai court on Thursday remanded Punjab and Maharashtra Cooperative Bank’s former director Surjit Singh Arora in police custody till Oct. 22 in connection with the multi-crore scam at the bank.
  • The court also remanded the bank’s former managing director Joy Thomas in 14-day judicial custody, after his police remand ended on Thursday.
  • Besides Arora and Thomas, the EOW has arrested HDIL’s Chairman and Managing Director Rakesh Wadhawan, his son Sarang Wadhawan and PMC Bank’s former chairman Waryam Singh in connection with the scam.