Paytm founder Vijay Shekhar Sharma arrested, later released for ramming his car with DCP South’s vehicle
Highlight
- Paytm CEO Vijay Shekhar Sharma was arrested last month on February 22.
- He was arrested for ramming his car with DCP South’s car.
- He was later released on bail.
Paytm founder and CEO Vijay Shekhar Sharma was arrested in the month of February for allegedly ramming his car into DCP South’s vehicle and later released on bail.
He was arrested by South Delhi Police on February 22 but was later released on bail. According to reports, he rammed his Jaguar Land Rover car with the car of South Delhi’s DCP Benita Marie Jacker in front of Mother International School.
At that time, the driver of DCP’s car named Deepak had gone to Aurobindo Marg to get petrol. Sharma ran away after hitting the car but the driver informed the DCP after noting down the license plate number.
After this, a case was registered under section 279 of IPC at Malviya Nagar police station. It turned out that the car belonged to Vijay Shekhar Sharma, a resident of Greater Kailash 2. Here is a copy of the FIR lodged against Sharma:
FIR registered against Paytm founder Vijay Shekhar Sharma
Meanwhile, Paytm Payments Bank (PPBL), promoted by Vijay Shekhar Sharma, is also facing action from banking regulator RBI. Sharma holds 51 per cent stake in Paytm Payments Bank (PPBL), while the remaining 49 per cent is with Paytm.
RBI has also been directed to appoint an IT audit firm to conduct a comprehensive system audit of the IT systems of PPBL.
Read also: RBI restrains Paytm Payments Bank from adding new customers, orders IT audit