Shirish Kulkarni, son of the main accused in the Rs 2043 crore bank loan scam DS Kulkarni, surrendered before the Pune police on Monday, a week after the Supreme Court rejected his application seeking extension of his anticipatory bail. Soon after his surrender, Shirish was placed under arrest and produced before a Pune court which remanded in police custody till July 2.
Jr Kulkarni, who is an executive director at DS Kulkarni Developers ltd (DSKDl) and a director in other partnership firms run by his father, has been charged with divesting loans taken from Bank of Maharashtra and received from depositors for other purposes.