Mumbai, Nov 16 (UNI) Mumbai police on Saturday arrested S Rajneet Singh, diector of Punjab & Maharashtra Cooperative Bank Ltd for his alleged involvement in the bank scam, involving crores of rupees.
Singh is the son of a senior state Bharatiya Janata Party leader, Sardar Tara Singh, a former legislator from Mulund.
According to Mumbai Police Spokesperson and Deputy Commissioner of Police Pranaya Ashok, Rajneet Singh was brought for questioning in the PMC Bank scam in the matter pertaining to a Rs 4355 crore fraud allegedly perpetrated by the bank directors and directors of the HDIL Group.