PMC Bank ex-Chairman in police custody till Oct 9
06-October-2019
A Mumbai Court on Sunday remanded to police custody till October 9 the former Chairman of the crisis-hit Punjab & Maharashtra Cooperative Bank Ltd., S. Waryam Singh, officials said.
Waryam, who was nabbed by the Economic Offences Wing (EOW) of Mumbai Police from his hiding place in Mahim late on Saturday, was produced before a magistrate court on Sunday.
Singh, 68, was missing since the irregularities in the PMC Bank tumbled out two weeks ago, and was traced to a location in Mahim where he was in hiding and picked up.
Police said that he will be interrogated for his prima facie involvement in the alleged Rs 4,335 crore fraud case concerning the Housing Development & Infrastructure Ltd. (HDIL).
Hours before his arrest on Saturday, Singh created a flutter by sending a signed, type-written letter to the EOW DCP Parag Manere, stating that he planned to surrender before the EOW by evening and also willing to cooperate.
However, the police team, which was already watching his Andheri residence, quickly got cracking to flush him out of his hiding place near Mahim Church and arrested him.IANS
- 0
-
-
-
-
VCK, CPI-M Protest CB-CID Report on Vengaivayal Water Tank Contamination Case
Hiring in Indian Travel and Hospitality Sector to Grow by 8.2% in Second Half of FY25
Rakul Preet Singh, Jackky Bhagnani Join Hyderabad Superstars as Co-Owners in World Pickleball League
Tamil Nadu's Iron Age Began Over 5,300 Years Ago, Archaeological Findings Reveal
AAP Alleges Kejriwal’s Car Attacked With Bricks And Stones, Blames BJP
