The Economic Offences Wing of Mumbai Police yesterday arrested Surjit Singh Arora, one of the former directors of the scam-hit Punjab & Maharashtra Cooperative Bank. This is the fifth arrest in the case.
Arora was summoned for questioning by the EOW’s special investigation team earlier in the day.
He was a director of the PMC Bank and was also on its loan committee.
The EOW has already arrested promoters of HDIL group Rakesh and Sarang Wadhawan, former PMC Bank chairman Waryam Singh and former managing director of the bank Joy Thomas.
Arrests made after the alleged Rs 4,355 crore scam came to light.