February 3, 2022 10:14 PM

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PMC Bank scam: Key accused Daljeet Singh Bal arrested from Bihar's Raxaul

The main accused of multi-crore scam in Punjab and Maharashtra Co-operative (PMC) Bank and former director of the bank Daljeet Singh Bal has been arrested on Thursday near Indo-Nepal border in Raxaul in Bihar. The Superintendent of Police (SP) of East Champaran Kumar Ashish said the accused was planning to flee from India via the Nepal route.<br />''<br />''The former director of the urban cooperative bank PMC Daljeet Singh Bal is main accused of over 6700 crore rupees multi-crore scam.<br />''<br />''The SP said the accused was arrested at Integrated Check Post (ICP) of Raxaul following a tip-off from the Economic Offence Wing (EOW) of Mumbai Police.<br />''<br />''He said a look out notice has been issued by Mumbai Police against Daljeet Singh Bal.<br />''The SP informed that the accused was taken into custody and presented before CJM of Motihari.<br />''<br />''The Economic Offence Wing (EOW) of Mumbai Police is probing the scam. 20 account holders of the PMC Bank committed suicide after the scam surfaced.<br />''<br />''The multi-crore scam at PMC Bank came to light in September, 2019 after the interference of RBI on complaints against bank officials. The RBI had issued directions on the urban co-operative bank and placed an administrator.<br />''<span style="color: #222222;"> </span><br />

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