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HDIL promoters diverted Rs 160-crore PMC loans to 3 Delhi-based hotels: ED

The 3 hotels belong to Rakesh Wadhawan and his family, says ED

Topics
HDIL | PMC Bank | Enforcement Directorate

Shrimi Choudhary  |  New Delhi 



PMC Bank
PMC Bank account holders outside RBI office, at BKC in Mumbai on Tuesday. Photo: PTI

Promoters of Housing Development Infrastructure (HDIL) have allegedly diverted Rs 160 crore of loan from Punjab & Maharashtra Cooperative (PMC) Bank to three Delhi-based hotels, according to the probe by the (ED).

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First Published: Tue, November 05 2019. 22:34 IST

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