Last Updated : Nov 13 2018 11:14PM     Screen Reader Access
News Highlights
PM Modi leaves for Singapore to attend East Asia Summit            SC agrees to hear Sabarimala review petitions on January 22            Mortal remains of Ananth Kumar consigned to flames with full state honours            Election Commission reviews poll preparedness in Madhya Pradesh            Govt extends ban on 8 extremist groups of Manipur for 5 years           

National News

Mar 15, 2018
4:27PM

CBI registers fresh case related to Rs 9 crore fraud at PNB branch

The CBI has registered a fresh case relating to "fraudulent" issuance of Rs 9 crore of Letters of Undertaking, LoUs by Mumbai's Brady House branch of Punjab National Branch.

The LoU was issued to Chandri Papers and Allied Products.

CBI officials say retired PNB employee Gokulnath Shetty and single-window operator at the branch, Manoj Kharat have been booked by the agency in the fresh FIR.

The duo also facing agency's probe in the Modi-Choksi case.
The agency has also named the company and its directors as accused in the case, they said.

The CBI has alleged that Shetty retired on May 31, 2017, and Kharat entered into criminal conspiracy with directors of the company Aditya Rasiwasia and Ishwardas Agarwal.

The agency has alleged that as part of the conspiracy to defraud the public sector bank, they got issued two LoUs for about 9.09 crore Rs favouring SBI Antwerp, Belgium.

Shetty and Kharat are already facing CBI probe in fraudulently issuing LoUs and Letters of Credit worth over Rs 13,000 crore to the companies of billionaire jewellers Mehul Choksi and Nirav Modi.

   Related News

Live Twitter Feed

Listen News

Morning News 13 (Nov) Midday News 13 (Nov) News at Nine 13 (Nov) Hourly 13 (Nov) (2300hrs)
समाचार प्रभात 13 (Nov) दोपहर समाचार 13 (Nov) समाचार संध्या 13 (Nov) प्रति घंटा समाचार 13 (Nov) (2305hrs)
Khabarnama (Mor) 13 (Nov) Khabrein(Day) 13 (Nov) Khabrein(Eve) 13 (Nov)
Aaj Savere 13 (Nov) Parikrama 13 (Nov) Lok Ruchi Samachar 11 (Nov)

Listen Programs

Market Mantra 13 (Nov) Samayki 13 (Nov) Sports Scan 13 (Nov) Spotlight/News Analysis 13 (Nov)
    Public Speak Country wide 8 (Nov) Surkhiyon Mein 8 (Nov) Charcha Ka Vishai Ha 7 (Nov) Vaad-Samvaad 13 (Nov) Money Talk 13 (Nov) Current Affairs 9 (Nov)

 

 

 

 

× All donations towards the Prime Minister's National Relief Fund(PMNRF) and the National Defence Fund(NDF) are notified for 100% deduction from taxable income under Section 80G of the Income Tax Act,1961""