25 June :- Ravindra Marathe, the crime branch of Pune Police, has been arrested and the lawyers of Marathe had filed a bail application in the special court on Friday last week. The arrest of the Marathas Police by the police is illegal and under Section 58-E of the RBI Act, it is necessary to obtain permission before the arrest of the President of the Nationalized Bank.
Also, the bank officials arrested were not collected from the depositors. Therefore, the action taken under the act of cheating the depositors against them is not appropriate, said Marathe in an application filed by the petitioner.
Special Judge R. N.Sardesai The bail application was heard in the court of The arguments of the government and the defense party are completed, and the court will decide tomorrow on the bail application.