Rediff Logo
 Money
Line
Channels: Astrology | Broadband | Contests | E-cards | Money | Movies | Romance | Search | Weather | Wedding | Women
Partner Channels: Auctions | Auto | Bill Pay | IT Education | Jobs | Lifestyle | Technology | Travel
Line
Home > Money > PTI > Report
April 4, 2001 		Feedback  
  Money Matters

 -  Business Special
 -  Business Headlines
 -  Corporate Headlines
 -  Columns
 -  IPO Center
 -  Message Boards
 -  Mutual Funds
 -  Personal Finance
 -  Stocks
 -  Tutorials
 -  Search rediff

    
      

 
 Search the Internet
         Tips
 Sites: Finance, Investment
E-Mail this report to a friend
Print this page

CBI allows BoI chief to go after questioning

The CBI on Wednesday denied that it had arrested the Assistant General Manager of Bank of India in connection with the Rs 1.37-billion pay-order scam and said he was picked up in Bombay only for questioning.

Highly-placed CBI sources had said on Tuesday that B H Somaiah had been taken into custody following his questioning.

"Somaiah was only picked up for questioning" and he had been allowed to go after his examination, a CBI official said.

Somaiah has already been suspended by the bank along with deputy chief manager Suvarna for "procedural violations".

ALSO READ:
The Capital Markets Crisis

Back to top
(c) Copyright 2000 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

Tell us what you think of this report