Mumbai, Feb. 17 -- Dharmesh Paun, a city-based developer, who is a prime accused in New India
Cooperative Bank scam worth Rs 122 crore was arrested by the Economic Offences Wing (EOW) of the city police and was on Monday remanded by a local court to police custody till February 21.
Paun is accused of allegedly assisting Hitesh Mehta, former general manager and head of accounts of the Bank.
On Saturday, police arrested Mehta and raided his Dahisar residence after the bank's chief executive officer Devarshi Shishir Kumar Ghosh (48) filed a complaint against him.
Mehta (57) allegedly withdrew cash from the bank's Prabhadevi and Goregaon branches, siphoning off funds since the Covid-19 pandemic. He reportedly confessed to the crime during po...