Economy, asked by DevduttNair7899, 9 months ago

Who is waryam singh of pmc bank and bjp relation?

Answers

Answered by alinakincsem
0

Answer:

Explanation:

Waryam Singh is the Chairman of Punjab and Maharshtra Co-operative (PMC) Bank.  He is also the Director in Privilege Power and Infrastructure Limited which is owned by Rakesh Wadhawan.

He is seen to be working closely with politicians in the past, including the BJP party members. He acts as a conduit between politicians and Rakesh Wadhawan.

They were recently caught up in a scandal where Waryam Singh was questioned to have intentions of building the empire for Rakesh Wadhawan.

Answered by mindfulmaisel
0

Waryam Singh was the former chairman of the Punjab and Maharashtra Cooperative bank.

Explanation:

  • Waryam Singh had acted as a conduit between the politicians and certain lot from the business community.  
  • According to the scam, the Wadhawan group were able to construct a huge real estate empire.  
  • He had given special privileges to a lot of people and liaison with people in power.  
  • He would try and fix appointments with the Central minister of the acting political parties to get special favours.  
  • Waryam Singh had also made a lot of money which had invested in buying hotels and properties.
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