An assistant general manager and head of the foreign exchange division of Bank of Baroda (BoB), arrested in the `6,000 crore suspicious remittances case, were on Wednesday remanded to two-day CBI custody by a Delhi court.
AGM S K Garg and Jainish Dubey, who headed the foreign exchange division at BoB’s branch in Ashok Vihar, were produced before Special CBI Judge PK Jain where the agency sought their custodial interrogation for five days.
The agency said that both the accused were required to be quizzed to unearth the entire modus operandi which led to the alleged illegal transfer of huge amount of money. Seeking their police custody, the CBI told the court that they have to ascertain the fact as to how the foreign exchange was allowed without even informing the bank’s regional office.