Three more arrested in PMC Bank scam
- Country:
- India
The Economic Offences Wing (EOW)of the Mumbai Police which is investigating alleged scam atthe Punjab and Maharashtra Co-operative (PMC) Bank on Thursdayarrested three persons including a former director, anofficial said
Jasvinder Singh Banwait, Vishwanatha Shridhar Prabhuand Shripad Govind Jere were arrested on Thursday
Banwait was a director and member of the bank's Loan,Investment and Executive Committee when the alleged Rs 4,355crore scam involving Housing Development and InfrastructureLtd (HDIL) took place, the EOW official added.
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