Tag: PNB fraud
PNB Fraud Case: Union Bank Has $300 Mn Outstanding Exposure
State-run Union Bank of India on Thursday said that it has an outstanding exposure of about $300 million in the $1.8 billion fraud detected by Punjab National Bank (PNB) and the former was also confident of receiving the payment.....
PNB Fraud Case: CBI Registers FIR Against Gitanjali Group Of Companies
The CBI on Friday registered an FIR against the Gitanjali Group of companies based on a complaint registered by the Punjab National Bank in a multi-crore fraud case, sources said.....
PNB Fraud: Ex-Deputy Bank Manager Gokulnath Shetty Arrested
The Central Bureau of Investigation (CBI) has arrested Punjab National Bank's retired Deputy Manager, Gokulnath Shetty and two others in a multi-crore bank fraud case, officials said on Saturday.....
Sitharaman Questions Rahul's Presence At Gitanjali Jewels Event
Countering Congress charge that multi-crore bank fraud took place under the BJP government, Defence Minister Nirmala Sitharaman said Rahul Gandhi was present at a promotional event of Gitanjali Jewels and that the fraud took place during the UPA regime.....
21 More PNB Fraud-related Raids, Property Worth Rs 5,674 Cr Seized So Far: ED
The Enforcement Directorate (ED) on Saturday conducted raids at 21 more places across India and seized assets worth Rs 25 crore in connection with the multi-crore Punjab National Bank (PNB) scam, an official said.....
PNB Fraud: ED Raids Over 45 Locations In 15 Cities
The Enforcement Directorate (ED) on Sunday conducted searches at over 45 more locations in 15 cities across India in connection with the multi-crore Punjab National Bank (PNB) scam, an official said.....
PNB Fraud Fallout: CBI Seals Brady House Branch In Mumbai
The CBI on Monday sealed the Brady House Branch of the Punjab National Bank as multiple probe agencies continued with their probe into the Rs 11,515 crore fraud, according to officials.....
Two Gitanjali Officials Named In CBI FIR Resign
Following the unravelling of the $1.8 billion Punjab National Bank (PNB) fraud, two senior officials of Gitanjali Gems -- Chandrakant Karkare and Pankhuri Warange -- resigned from the company, according to a regulatory filing with the stock exchanges on Monday.....
Who Facilitated Mehul Choksi's Escape, Congress Asks PM
The Congress on Monday questioned Prime Minister Narendra Modi on as to who facilitated the escape aboard of Punjab National Bank fraud accused Mehul Choksi, who was purportedly declared a proclaimed offender by a Chandigarh court.....
SC To Hear On Bank Top Brass' Role In PNB Scam
The Supreme Court will hear on Friday a plea for probe into the role of the top management of Punjab National Bank in the Rs 11,300 crore scam allegedly involving jeweller Nirav Modi and others.....
