PMC Bank scam: Ex-director sent in police custody till Oct 22

A Mumbai court has remanded PMC Bank’s former director Surjit Singh Arora in police custody till 22nd October in connection with the multi-crore scam. Arora was arrested by Mumbai Police’s Economic Offences Wing on Wednesday and was produced before Additional Chief Metropolitan Magistrate SG Shaikh. According to the investigating agency, Arora abused his official position to facilitate fraud.

The court also remanded PMC’s former managing director Joy Thomas in 14-day judicial custody, after his police remand ended on Thursday.

The Hindu

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