Agencies / Mumbai
Economic Offences Wing of Maharashtra last evening arrested 3 Ex Directors of the Board of Punjab and Maharashtra Co-operative (PMC) Bank Jagdish Mookhey, Mukti Bavisi and Trupti Bane. They will be produced before a Mumbai court today.
While Mookhey was a member of the Audit Committee from 2005-2020, Bavisi was member of the loans and advances committee for 2011-2020, and Bane was on the recovery committee for 2015-2020.
They were picked up and interrogated with respect to the loans and facilities extended to the HDIL Group and the status of the long-pending recoveries.
However, they failed to give satisfactory replies to the investigators, necessitating their custodial interrogation.
They were subsequently arrested here on Tuesday and will be produced before the Additional Chief Metropolitan Magistrate, Esplanade Court for remand, said an official spokesperson of Mumbai Police.