Ex-MD of PMC Bank arrested
Former managing director of Punjab Maharashtra Cooperative Bank, Joy Thomas, was arrested on Friday in connection with the alleged Rs 4,355 crore scam at the bank by the Economic Offences Wing of Mumbai Police.
Thomas was summoned to the EOW office at the city police headquarters and arrested after questioning, a police official said.
On Thursday, EOW had arrested HDIL directors Rakesh Wadhawan and his son Sarang Wadhawan in the case.
Disclaimer: No Business Standard Journalist was involved in creation of this content
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Oct 04 2019 | 7:05 PM IST