PMC Bank case: HDIL directors remanded in police custody till October 9
Mumbai, Oct. 5 -- Housing Development Infrastructure Limited's (HDIL) directors Rakesh Kumar Wadhawan and his son Sarang Wadhawan played "active roles in commission of offence" and "appear to be real players of the functioning of all group companies", stated the Economic Offences Wing (EOW) before a court on Friday while seeking police custody for the Wadhawans. Arrested for their involvement in the Punjab and Maharashtra Co-operative (PMC) Bank case, the duo was remanded in police custody till October 9....
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