Hyderabad: The day after arresting three people on suspicion their role in sucking RS 60 Crore Deposits remained Telugu Academy, Head of Bank Public Sector Manager Arrested by Central Crime Station (CCS) on Saturday.
Police Hyderabad said Sheikh Mastan Vali Saheb was arrested for allegedly facilitating the initial charges in cheating liquidating permanent deposits.
“The investigation has revealed that the head of the manager, based on false documents created by other defendants, liquidated the telugu academy’s permanent deposit Middle, said Avinash Mohanty.
In the last two days, Mastan Vali was questioned by the police.
Telugu Academy FD Scam: Bank manager is held
