PMC bank case: Former director Surinder Arora being questioned

Former director of Punjab and Maharashtra Co-operative (PMC) Bank Surinder Arora is being questioned in connection with the bank scam case, the Mumbai Police's Economic Offences Wing (EOW) said on Wednesday.The city's Joint Commissioner of Police (EOW) Rajvardhan Sinha said that Arora is being interrogated in the matter.Meanwhile, a delegation of depositors of PMC Bank met Mumbai's Commissioner of Police Sanjay Barve earlier in the day.Last month, the RBI restricted the activities of the PMC Bank for six months and asked it to not grant or renew any loans and advances, make any investment or incur any liability, including borrowing of funds and acceptance of fresh deposits.The Enforcement Directorate (ED) has seized and identified movable and immovable assets worth more than Rs 3,830 crore owned by Housing Development and Infrastructure Limited (HDIL) in connection with the case.As many as two PMC Bank customers died within 24 hours, including one Fattomal Punjabi and a 51-year-old ...