Former director of PMC bank arrested
October 16, 2019 19:49
Former director of the Punjab and Maharashtra (PMC) Bank Surinder Arora has been arrested by city's Economic Offences Wing (EOW).
Earlier today, he was questioned by the EOW in connection with the PMC Bank scam.
Arora was being questioned by the Special Investigation Team of the EOW at the city police headquarters, an official said.
Arora was a director of the PMC Bank and was also on its loan committee, he said.
"We are trying to get certain details about the bank's loan disbursement process," the official said.
The EOW has already arrested promoters of HDIL group Rakesh and Sarang Wadhawan, former PMC Bank chairman Waryam Singh and former managing director Joy Thomas after the alleged Rs 4,355 crore scam came to light. -- ANI/PTI
Arora was a director of the PMC Bank and was also on its loan committee, he said.
"We are trying to get certain details about the bank's loan disbursement process," the official said.
The EOW has already arrested promoters of HDIL group Rakesh and Sarang Wadhawan, former PMC Bank chairman Waryam Singh and former managing director Joy Thomas after the alleged Rs 4,355 crore scam came to light. -- ANI/PTI
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