Mumbai : The Enforcement Directorate, Maharashtra has registered an Enforcement Case Investigation Report (ECIR) to probe erring bank officials in connection with the Punjab and Maharashtra Cooperative (PMC) Bank case.
The case was registered on the basis of an FIR filed by the Economic Offence Wing (EoW) of Mumbai Police, the ED officials said on Friday. This comes a day after the EoW had arrested Housing Development Infrastructure Limited (HDIL) Directors Sarang Wadhawan and Rakesh Wadhwan, accused of loan default in connection with PMC Bank case.
The duo was arrested after they failed to cooperate in the investigation.10 of 44 accounts which led to PMC Bank falling in debt were linked to HDIL. Personal accounts of Sarang and Wadhwan were among these 10 accounts.
On September 30, EOW of Mumbai Police had registered an FIR against senior officials of HDIL and PMC bank in connection with a fraud of over Rs 4,355 crores.
