Further scam of Rs 1251 cr detected in Gitanjali Gems, PNB informs CBI

CBI is now probing Rs 12,636 crore which is (Nirav and Gitanjali) PNB scam, up from Rs 11,421 crore.

Update: 2018-02-27 12:02 GMT
Punjab National Bank (PNB) has put nine of its large stressed accounts for resolution under Insolvency and Bankruptcy Code 2016.

Mumbai: The Central Bureau of Investigation (CBI) on Tuesday said that Punjab National Bank (PNB) has informed the investigating agency that further scam of Rs 1,251 crores has been detected with respect to Gitanjali Gems. 

CBI is now probing Rs 12,636 crore which is (Nirav and Gitanjali) PNB scam, up from Rs 11,421 crore. 

Former Managing Director of Punjab National Bank (PNB) Usha Ananth has been questioned by the CBI in Mumbai in connection with the bank scam. 

Two serving general managers have also been called by the investigating agency for questioning.

Executive Director of ICICI bank, NS Kannan has also been questioned. He is the leader of consortium of the bank that lent money of Gitanjali Group.

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