The crisis at PMC Bank first came to light on September 24, 2019, the day the Reserve Bank of India (RBI) placed curbs on the activities of the Mumbai-based bank for six months. The central bank also limited the amount a customer could withdraw from their account during the next six months to Rs 1,000 at first, and later to Rs 25,000. Founded in 1984, PMC Bank has 137 branches across seven states, 81 of these in Mumbai, Navi Mumbai, Thane and Palghar regions, 10 in Pune and 12 in the rest of Maharashtra. Its customers include small businesses, housing societies and institutions. According to an FIR filed in the case, HDIL promoters allegedly colluded with the bank management to draw loans from the bank s Bhandup branch. The bank officials did not classify these loans as non-performing advances, despite non-payment.
Updated Jan 06, 2021 | 14:55 IST
Varsha Raut was grilled and her statement recorded under the Prevention of Money Laundering Act (PMLA) by the central probe agency for the first time on January 4. Shiv Sena leader Sanjay Raut | Photo Credit: IANS
Mumbai: The ED has issued fresh summons against Varsha Raut, wife of Shiv Sena leader Sanjay Raut, for a second round of questioning on January 11 in connection with the Rs 4,300 crore PMC Bank money laundering case, official sources said.
Varsha Raut was grilled and her statement recorded under the Prevention of Money Laundering Act (PMLA) by the central probe agency for the first time on January 4 at its office here. The agency wants to question her further and hence she has been summoned to appear on January 11, the sources said.
Sena s Sanjay Raut s Wife Summoned In PMC Bank Money Laundering Case The ED wants to question Varsha Raut with regard to receipt of some funds that were allegedly siphoned from the bank, official sources claimed.
Updated: December 28, 2020 9:17 am IST
This is the third summon to Sanjay Raut s wife in the PMC Bank money laundering case. (File)
Highlights
This is the third summon to Varsha Raut in the case
She had skipped the earlier two summons on health grounds, officials said
Pune:
The Enforcement Directorate has summoned Varsha Raut, wife of Shiv Sena MP Sanjay Raut, for questioning in the PMC Bank money laundering case on December 29, officials said on Sunday.