The police are set to also file in a court formal charges against PMC Bank’s erstwhile chairman Waryam Singh, former managing director Joy Thomas and SS Arora who was a director at the bank, in the alleged over Rs 6,300 crore fraud. The EOW’s probe has found that the bank had sanctioned loans to 21 companies floated by the real estate developer without any requisite paperwork.from News-Economic Times https://ift.tt/2ruZTUW
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