PMC Bank Scam: Mumbai police arrest former director Ranjeet Singh, son of ex-BJP MLA Sardar Tara Singh

Updated: Nov 17, 2019, 07:14 IST | Faizan Khan | Mumbai

Ranjeet Singh will be produced at the holiday court today.

.
.

The Economic Offences Wing (EOW) of the Mumbai Police arrested Ranjeet Singh in connection with the PMC bank scam on Saturday. Singh is the former director of PMC Bank and son of former BJP MLA Tara Singh. Singh was allegedly underground for the last 54 days and did not respond to the summons issued by the Special Investigation Team (SIT). On Saturday, he was nabbed from his residence in Bhandup.

According to EOW, Singh, who was part of the loan recovery committee, was AWOL from the time the R4,355 crore fraud came to light. Confirming the arrest, DCP Shrikant Paropkari, said, "Singh will be produced in court on Sunday. We will seek his police custody for further investigation." EOW has arrested nine accused in the case.

Catch up on all the latest Mumbai news, crime news, current affairs, and also a complete guide on Mumbai from food to things to do and events across the city here. Also download the new mid-day Android and iOS apps to get latest updates

Sign up for all the latest news, top galleries and trending videos from Mid-day.com

Subscribe
NEXT STORY
This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK