Mumbai (Maharashtra): Hundreds of Punjab Maharashtra Corporation bank account holders on Wednesday staged a protest in front of the Esplanade Court in Mumbai.
Holding placards, the protestors demanded imprisonment for Housing Development Infrastructure Limited (HDIL) Directors Sarang Wadhawan and Rakesh Wadhwan, in the court hearing. They also demanded no bail for the accused.
PMC bank depositors protest outside Mumbai's Esplanade Court "We demand that the HDIL directors should get jail, not bail today in the court. Because of them, we have lost our money. We all have gathered here to make sure they don't get bail in the matter. The government is encouraging us to join digital India but how can we join the move when our money in the banks is not safe," Anita Lohia, one of the protestors told reporters.
"The withdrawn limit of Rs 25,000 is nothing. My two sons are studying CA and I need lakh of rupees to pay their fees. So how will I manage the festive season and their fees? We want them to get jail and they should not abscond from the country like Vijay Mallya," said Hariom Rai, another protestor.
Manjula Kotiyan, another protestor said: "We are protesting daily to get justice. I had made a fixed deposit in this bank after my husband met with an accident five years back and his hands were not in a condition that he can work. I have no other source of income. What should we do? The banks should be merged and we should get our money back."
Meanwhile, the Court has sent former chairman of the Punjab and Maharashtra Co-operative (PMC) Bank, Waryam Singh and Housing Development Infrastructure Limited (HDIL) directors, Sarang Wadhawan and Rakesh Wadhwan, to police custody till October 14.
Read:| PMC: Ex-chairman Waryam Singh gets police custody till Oct 9
