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Joy Thomas, the suspended managing director of Punjab and Maharashtra Cooperative Bank, was arrested in the Rs 4,355-crore cheating case involving the bank on Friday evening. He was taken into custody from a friend’s flat in Hiranandani Gardens, Powai. The hunt is now on for former bank chairman Waryam Singh.

from Mumbai News: Latest Mumbai News Headlines & Live Updates from Mumbai - Times of India https://ift.tt/332mTb0

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