Mumbai: Fifteen officials of the Punjab and Maharashtra Co-operative (PMC) Bank, including whistleblower Manbeer Singh, who was earlier named as a witness in the case, will be prosecuted for aiding and abetting the fraud that caused a loss of 6,155 crore to the lender. The Economic Offences Wing (EOW) of the Mumbai police has named 15 bank employees as accused in the second charge sheet, based on their statements recorded before a metropolitan magistrate.
Charges are expected to be framed soon against a total of 44 accused, including 15 staff members. EOW has claimed that these 15 employees acted closely with the prime accused in the case -- then managing director Joy Thomas, then chairman Wariam Singh and others on the Board of Directors.
The EOW had in February this year filed a second charge sheet, adding 25 new accused in the case, including the 15 officers. EOW has claimed that after Thomas, joint general manager Manjit Kaur was second in command in the bank. The flow of instruction received from Thomas to Manjit was passed on to deputy general managers -- Geeta Singh, Karmen Rebello, Rebecca Solomon and Aarti Desai.
The agency claimed that the orders were executed by Kunal Oberoi, Kushaldeep Chahal, Santosh Gurav, Deepak Gawade, Yogesh Kokate and Siddhi Padawe. Besides this, EOW claimed that chief manager Manbeer, senior manager Sunil Karpe and his team members -- Suraj Dalvi and Subhash Golap -- too were involved in the fraud.
The agency had recorded statements of...
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