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PMC Scam: Accused Father-Son To Be In Jail, Top Court Holds House Arrest

PMC Scam: Accused Father-Son To Be In Jail, Top Court Holds House Arrest

Friday, January 17, 2020, 7:45 AM

Promoters of the real estate firm HDIL at the centre of the massive PMC Bank scam will remain in a Mumbai jail for now. According to RBI, the PMC bank masked 44 problematic loan accounts, including those of HDIL, by tampering with its core banking system, and the accounts were accessible only to limited staff members.
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