Deccan Chronicle group VC P.K.Iyer held for bank fraud

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Earlier the Chairman Venkatram Reddy was arrested...Now its vice chairman and promoter....Is Mr Iyer a crook?

[h=1]Deccan Chronicle group VC held for bank fraud [/h]

June 06, 2015 17:08


Odisha Police have arrested PK Iyer, Vice Chairman of the Hyderabad-based Deccan Chronicle group, from a five-star hotel in Bhubaneshwar last night.

Iyer, who was staying in a room booked in the name of a woman, had been on the run after CBI issued a non-bailable warrant against him. Iyer has been accused in a bank fraud, the police said.


"The commissionerate police nabbed Iyer following a specific input. Iyer was handed over to CBI after preliminary health check up at a local hospital," Commissioner of Police RR Sharma said today, adding that Iyer had been staying there for the past two months under a fake identity.


Earlier, he had stayed incognito in Kolkata and Port Blair before coming to Bhubaneswar, sources said

Deccan Chronicle group VC held for bank fraud
 
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