 "Joy Thomas, PMC Bank")
A day after the economic offences wing (EOW) of the Mumbai police arrested Housing Development & Infrastructure (HDIL) promoters Rakesh and Sarang Wadhawan, the department on Friday apprehended former Punjab and Maharashtra Co-operative (PMC) Bank managing director Joy Thomas in connection with the alleged multi-crore scam at the bank.
The Wadhawans were produced before a local court in Mumbai on Friday, which sent them to police custody till October 9.
The police filed a first information report (FIR) in the matter on September 30. The Enforcement Directorate (ED) has also registered a criminal case of money laundering against PMC Bank’s former
