2-day PCR for CDCC Bank chief, CEO

Chandrapur: President of Chandrapur District Central Cooperative Bank (CDCC) Manohar Paunkar and chief executive officer Siddharth Dube, arrested on Monday for alleged corrupt practices in recruitment on compassionate grounds, were on Tuesday remanded in police custody for two days.
After a few bank directors had filed a complaint with Ram Nagar police, an offence was registered under sections 409, 420 and 471 of IPC against Paunkar and Dube last month. The duo tried to secure anticipatory bail from district sessions court as well as high court, but their pleas were rejected. Both were absconding since then.
On Monday, both Puankar and Dube had surrendered before the economic offences wing of the police. They were produced before the court on Tuesday and remanded in police custody till July 30.