Live
- 35 miners trapped under rubble in Afghanistan
- Lavanya Tripathi's Birthday Gift: Title Announcement of Her New Film ‘Sathi Leelavathi’
- Kerala Hindu leader gifts Rig Veda to Pope Francis
- OakTree School Celebrates Eight Years of Success, Announces Future Expansion
- Why plant-based milks may not be healthy
- Jharkhand: Ayushman Bharat cards in demand, Sahebganj residents rush to the centre
- Supreme Court likely to pass directions on implementation of policy to curb air pollution in Delhi-NCR tomorrow
- The first day of Group-2 Paper 1, 2 exams in Wanaparthy district ended peacefully, said Additional Collector Revenue G. Venkateswarlu
- VP Dhankhar urges corporates to invest in education
- Punjab DGP, MHA official request farmer leader Dallewal to end 20-day fast
CBI detains Gitanjali Group VP
The Central Bureau of Investigation (CBI) on Tuesday detained Vipul Chitalia, vice president - banking operations of Gitanjali Group of Companies at the Mumbai airport for questioning.
New Delhi: The Central Bureau of Investigation (CBI) on Tuesday detained Vipul Chitalia, vice president - banking operations of Gitanjali Group of Companies at the Mumbai airport for questioning.
The law enforcement agency also added that the news on some channels, regarding the summoning of chief managing directors of private banks in the Punjab National Bank (PNB) fraud case is incorrect.
The CBI on Monday sent Manish Bosamiya, Miten Pandya, Sanjay Rambhia and Aniyath Shiv Raman Nair to police custody in PNB fraud case.
The four accused will remain in the custody till March 17.
Bosamiya, then additional general manager (operation) and Pandya, then finance manager of Firestarter Diamond International Pvt Ltd., a Nirav Modi's diamond firm, were arrested for their alleged role in the preparation of applications for the fraudulent Letter of Understandings (LoUs) submitted to the PNB.
Rambhia, the partner in a Mumbai's Chartered Accountant firm M/s Sampat and Mehta and Aniyath Shiv Raman Nair, then director of M/s Gili India Ltd. was also arrested in the same case.
The Punjab National Bank detected a 1.77 billion dollar scam in which Nirav Modi acquired fraudulent letters of undertaking from one of its branches for overseas credit from other Indian lenders.
The scam was started in 2011 and was detected in the third week of January this year, after which the PNB officials reported it to the concerned agencies.
Meanwhile, the PNB filed a second complaint with the CBI on February 13.
The CBI had received the complaint from the PNB on January 28 and a case was registered in the case on January 31.
