Chicago 12, Melborne City, USA
Business US

CBI books ex-PNB manager, 2 companies in Rs 168.59 crore fraud case

The Central Bureau of Investigation (CBI) on Thursday registered a case on complaint from (PNB) against its former manager, and others including two private companies, for allegedly committing a fraud of Rs 168.59 crore.

The FIR was filed against Priya Ranjan Kumar, then Manager, PNB; Elangbam Ranananda, Heyee Global Enterprises Pvt Ltd, Noida; and MDA Enterprises based in Andhra Pradesh.

The in its FIR has said that the accused in conspiracy with others through illegal and unauthorised usage of the bank’s system, issued 34 fake Bank Guarantees, and caused a loss of Rs 168.59 crore.

The also conducted search operations at six locations including Noida, Saran, Patna, Tadipatri (Andhra Pradesh), Thoubal (Manipur) at the residential and office premises of accused which led to the recovery of incriminating documents.




(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Source link

Leave feedback about this

  • Quality
  • Price
  • Service


Add Field


Add Field
Choose Image
Choose Video