Valuer for HDIL owned aircraft
The RBI-appointed administrator of scam-hit Punjab and Maharashtra Co-operative Bank has floated a request for proposal to appoint a consultant for the valuation of two aircraft and a yacht owned by HDIL group firms.
These assets belong to HDIL group firms owned by Rakesh Wadhawan and his son Sarang, the prime accused in the Rs 6,500-crore scam at the co-operative lender.
In November, a local court had allowed the co-operative bank’s administrator, JB Bhoria, to sell two aircraft— Dassault Falcon 200 and Challenger 300 — and one yacht (Ferreti 881 HT). Earlier this month, the administrator had invited bids from advisers/process co-ordinators to sell these three assets.