Monday, January 18, 2021
News

PMC Bank scam: 3 ex-directors arrested after questioning

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Mumbai | Wednesday, 2019 3:45:05 AM IST
The Economic Offences Wing of the Mumbai Police arrested three former directors - two of them women - of the Punjab & Maharashtra Cooperative Bank Ltd in connection with the ongoing probe into the Rs 4,355-crore HDIL scam, a police official said here on Tuesday.

The arrested persons were identified as Jagdish Mookhey, Mukti Bavisi and Trupti Bane.

While Mookhey was a member of the Audit Committee from 2005-2020, Bavisi was member of the loans and advances committee for 2011-2020, and Bane was on the recovery committee for 2015-2020.

They were picked up and interrogated with respect to the loans and facilities extended to the HDIL Group and the status of the long-pending recoveries.

However, they failed to give satisfactory replies to the investigators, necessitating their custodial interrogation.

They were subsequently arrested here on Tuesday and will be produced before the Additional Chief Metropolitan Magistrate, Esplanade Court for remand, said an official spokesperson of Mumbai Police.

--IANS qn/vd

( 166 Words)

2019-12-03-21:30:05 (IANS)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
3.5 magnitude earthquake hits Maharashtr...
Himachal sees 77% voting in phase 1 of p...
Cong's women wing to observe 'Mahila Kis...
Govt officials likely to hold meeting to...
Temple renovation in Kashmir after 3 dec...
Horror of Jan 1990 continues to haunt mi...
More...    
 
 Top Stories
France registers 16,642 new coronav... 
Mumbai drugs case: Sameer Khan take... 
Kerala records lowest school dropou... 
At least 96 killed, nearly 70,000 d... 
Teens with anxiety, depression may ... 
PM Modi takes dig at Congress, says... 
ISL 7: Odisha FC ropes in Rakesh Pr... 
HC disposes PIL seeking removal of ...