PNB files fresh complaint- additional Rs 942.18 crore fraud
Written by : SMTV24x7 | Tue, Mar 13, 2018, 11:20 PM
New Delhi, March 13: The Punjab National Bank (PNB) has filed a fresh complaint to the CBI alleging it has uncovered additional exposure of about Rs 942.18 crore defraud by Gitanjali Group of companies in connection with a multi-crore fraud.
The PNB, the country's second-biggest state-run lender, filed a supplementary complaint to the Central Bureau of Investigation (CBI) on March 4 against Gitanjali Gems Ltd, Gill India Ltd, Nakshatra Brand Ltd and Asmi Jewellery India Ltd for the additional fraud amount.
It said a total amount therefore allegedly defrauded by the accused till date is about Rs 7,080.86 crore during 2013-17, according to a document submitted in special CBI court in Mumbai on Tuesday.
The new disclosure takes PNB's overall exposure in the still unravelling fraud case to well over the $2 billion mark.