PMC Bank Case :The city Economic Offences Wing (EOW) arrested two auditors of the bank on Monday for negligence in the audit process.
We have arrested them and a probe is on,” EOW chief Rajvardhan Sinha said. He said the two chartered accountants, Jayesh Shah and Ketan Lakdawala, would be produced before the Esplanade court for remand on Wednesday. The number of people arrested in the scam has now gone up to seven.
“During the probe, we found negligence on the part of the auditors. Besides, we have also found that the procedure for the statutoary auditors’ appointment was not followed and they got more fees than prescribed,” an officer said.