After it recently came to light that a secret cash counter was kept at the Punjab & Maharashtra Co-operative (PMC) Bank's headquarters, mid-day has accessed details of hidden transactions worth tens of crores made by HDIL, the bank's MD Joy Thomas and chairman Waryam Singh.

According to Mumbai police's Economic Offences Wings' (EOW) 32,000-page charge sheet, HDIL withdrew R22.32 crore in cash between 2013 and 2014 for its projects Majestic Tower and Whispering Tower in Nahur. Between 2014 and 2019, the company and its associates withdrew R65.29 crore. Of the R65.29 crore, R10 crore remains unreturned. Each transaction would be worth several lakhs and sometimes even a crore.