The Trust We Lost
If the auditors of PMC Bank have been a relatively unknown CA firm called Lakdawala & Co., those of ILFS were multinational giants like KPMG...
Tag : Joy Thomas
PMC Bank MD Joy Thomas arrested by Mumbai Police
ED registered a money laundering case against PMC bank officials and directors of realty firm HDIL Rakesh and Sarang Wadhawan in the PMC Bank case....
Headlines: Mumbai Police arrests Rakesh and Sarang Wadhvan in PMC Bank scam case
In a first definitive action post the PMC Bank fiasco, the Mumbai Police has arrested HDIL promoters Rakesh Wadhvan and Sarang Wadhvan. The arrest has...
Business Tit-Bits: The Tale of Two Confessions
The PMC Scam which exposed how the accounts were manipulated in nexus with the HDIL officials compels us to look back for such examples. In...