A local court in Gurgaon on Thursday extended police remand of Shivraj Puri, the main accused in the 300 crore Rupees Citibank fraud, by 6 days. The move comes as police sought time to recover an iPad used by the mastermind to communicate with his clients. Police also sought information from the National Stock Exchange about the investments made by Puri through brokerage firms, including Religare and Bonanza. The Chief Judicial Magistrate, D N Bhardwaj, remanded Puri in police custody for six more days after public prosecutor said that police needed more time to gather evidence in the case.Puri, who was a Relationship Manager at Citibank's Gurgaon branch, was arrested by the police last week after the 300 crore rupees scam was detected.
News On AIR | January 6, 2011 9:00 PM
Citibank fraud: Police remand of Shivraj Puri extended