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Tuesday, December 07, 2021

In Mumbai’s Mulund, another PMC Bank depositor dies of cardiac arrest

The deceased has been identified as Keshumalbhai Hinduja.

Written by Gargi Verma | Mumbai |
Updated: November 1, 2019 7:18:39 am
PMC Bank scam, PMC scam, PMC bank case, PMC bank PMLA case, PMC bank, Punjab and Maharashtra Cooperative Bank. Mumbai news, city news, Indian Express This is the sixth death reported in connection to the PMC Bank scam. (File Photo)

A 68-YEAR-OLD man died after suffering a cardiac arrest at his Mulund residence on Thursday, with his family claiming that he was a depositor with the Punjab and Maharashtra (PMC) Bank and had been stressed over the RBI-imposed restrictions on the bank. This is the sixth death reported in the city in connection to the PMC Bank scam.

The deceased has been identified as Keshumalbhai Hinduja. “Hinduja lived in Mulund Darshan Society and owned a grocery store in the area. He and his sons had accounts with PMC Bank and they have been facing difficulties in the business,” said a family friend.

The family said Hinduja didn’t suffer from any heart ailments. After he suffered the attack in the morning, Hinduja was rushed to a private hospital, where he was declared brought dead.

“He was stressed about his money stuck in the bank… The politicians, media and the bank have made our lives miserable. We need help and no one is helping,” said Deepak Hinduja, nephew of the deceased.

Arun Juneja, a neighbour of the Hindujas, said, “He had accounts only at the PMC Bank and was worried, as he had to pay his suppliers.”

This is the sixth death reported in connection to the PMC Bank scam. On October 14, former Jet Airways employee Sanjay Gulati (51), a PMC Bank depositor, had died of a heart attack hours after he attended a protest against the bank. Another account holder in the bank, Fattomal Punjabi (56), died the next day in his Mulund-based shop, also from a heart attack. The third death was reported the same day. A 39-year-old depositor committed suicide.

Muralidhar Darra, an octogenarian, died of a heart attack after he could not get a bypass surgery due to lack of funds, becoming the fourth death. Bharati Sadarangani (73) became the fifth victim when she died of a cardiac arrest.

In September, RBI had imposed restrictions on the withdrawal limit of depositors after it found irregularities to the tune of Rs 4,355 crore in the bank. A case was registered by the Mumbai Economic Offence Wing (EOW) and five persons, including the promoters of HDIL, Rakesh and Sarang Wadhwan, were arrested.

Meanwhile, RBI has asked the police to hand over the assets recovered from the Wadhwans, which will be auctioned to get back the depositors money. While the police has given a nod in-principle for the same, the EOW is yet to present this in front of a court of law.

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