After PNB, now another fraud case in OBC
Written by : SMTV24x7 | Sat, Feb 24, 2018, 04:44 PM
New Delhi, Feb 24: Even before the scam of Punjab National Bank is forgotten, another fraud case has seen the light of the day.
The Central Bureau of Investigation (CBI) on Saturday registered a case against Delhi-based jeweler Dwarka Das Seth International for an alleged fraud worth Rs 389.95 crore towards Oriental Bank of Commerce.
The action was taken after it received a complaint by the Ashok Kumar Mishra, Assistant General Manager of Oriental Bank of Commerce. The company is engaged in the business of manufacturing and trading export of gold, silver and diamond jewelry.
This comes days after billion dollar fraud was reported against jeweler Nirav Modi by the Punjab National Bank.