PNB detects another fraud of Rs 9 Cr at branch involved in Nirav case

The new alleged fraud of around Rs 9.1 crore involves officials of a little known company called Chandri Paper and Allied Products Pvt Ltd.

Update: 2018-03-15 05:32 GMT
In PNB's case, it's said the RBI had during inspections pointed out the irregularities it saw in some transactions and the bank's own auditors did the same, but no action was taken. (Photo: PTI)

New Delhi: Punjab National Bank (PNB) has detected another small fraud at a Mumbai branch which is at the centre of Rs 12,600 crore fraud, according to a CBI complaint.

The new alleged fraud of around Rs 9.1 crore involves officials of a little known company called Chandri Paper and Allied Products Pvt Ltd, the Central Bureau of Investigation said in the complaint posted on its website.

A PNB spokesperson had no immediate comment. Chandri Paper could not immediately be reached for comment.

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