PNB scam: Five accused sent to jail

By our Staff Reporter

GUWAHATI, March 9: All the five accused arrested in connection with the Punjab tiol Bank (PNB) scam in Guwahati were sent to judicial custody by the court on Friday. The five arrested in connection with the scam by the Bureau of Investigation of Economic Offences (BIEO) are Phanidhar Talukdar, Amarendra Kalita, Banwarilal Parekh, Suruj Sarma and Sailen Roy. With their three-day police custody being termited on Friday, the five were produced before the Chief Judicial Magistrate’s Court, Kamrup that sent then to judicial custody. According to BIEO sources, these five people had availed of loans amounting to over Rs 1.50 crore from the Zoo Road branch of PNB by fraudulent means, submitting fake documents.