PMC Bank MD lived a double live, had secretly converted into Islam with the name of Junaid

Investigations have revealed shocking details regarding the suspended MD Joy Thomas led a double life. During interrogation he revealed to police that he converted to Islam in 2005 to marry his personal assistant, in whose name the police have found nine flats registered in Pune.

Thomas is behind bars in the Rs 4,355-crore PMC Bank cheating case, along with real estate group HDIL’s promoters Rakesh Wadhawan and son Sarang, and the bank’s former chairman Waryam Singh.

During his interrogation, Thomas, now 62, told the police that his Islamic name Junaid wasn’t in any financial records, and officially, he continued to be Joy Thomas. “It seems it was a conversion of convenience for him,” said an officer.

The police earlier identified and attached four flats owned by Thomas in Mumbai and Thane. One is registered in the name of his son from his first wife. “He and his second wife had adopted a girl, who is now 11 years old.

They also have a 10-year-old son. The second wife makes and sells chocolates, has a boutique, and draws rent from the Pune properties,” said an officer.

Thomas’s first wife, upon learning about his double life, filed for divorce.