CBI questions ex-CMD of PNB, other top officials
After PNB reported a further scam of Rs 1,251 crores, the Central Bureau of Investigation(CBI) began questioning two auditors including a former Managing Director and two General Managers in the multi-crore scam.
The CBI today questioned NS Kannan, Executive Director, ICICI Bank which was the leader of Consortium Bank who lent money to Geetanjali Group of Companies.
Former PNB CMD Usha Anant Subramanian who is currently CEO Allahabad Bank was also questioned by CBI officials.
Usha Anant Subramanian was PNB CMD from 14th August, 2015 to 5th May, 2017.
Former PNB CMD Usha Anant Subramanian & NS Kannan, Executive Director, ICIC bank were questioned by CBI (WION)
The CBI said today it is now probing Rs 12,636 crore PNB scam, up from Rs 11,421 crore.
Meanwhile, Firestar Diamond Inc, the flagship company of billionaire Nirav Modi who is at the centre of India's biggest-ever bank scam, has filed for bankruptcy in the United States.
The company has listed assets and liabilities in the range of $50 million to $100 million, according to a court filing in the Southern District Of New York.