The CBI today filed its supplementary chargesheet against billionaire jeweller Mehul Choksi, his companies under Gitanjali Group in connection with over USD 2 billion scam in the Punjab National Bank.
In its chargesheet filed in the CBI special court, Mumbai, the agency has also charged 16 other entities, besides Choksi and his companies, on the charges of criminal conspiracy, cheating and provisions under the Prevention of Corruption Act.
Earlier, the Central Bureau of Investigation (CBI) filed its first chargesheet in PNB scam. The Rs 13,400 crore PNB scam involving Nirav Modi made headlines and exposed the corruption within state-owned banks.
CBI filed the chargesheet in a Mumbai court just before the 90-day period to file charges against those arrested ends. Following this, it is also to be noted that the accused would not be able to sought for bail.
Usha Ananthasubramanian, Managing Director and CEO of the Allahabad Bank, who held the same position at Punjab National Bank earlier, had been named as an accused along with other senior officials, according to the chargesheet.She was MD and CEO of the Punjab National Bank in 2016.
The CBI said that senior PNB officials did not comply with RBI's circulars over SWIFT control system, a platform for encashing letters of undertaking (LoU).
Besides, CBI also named Nirav Modi as an absconding accused.
Apart from the arrested accus...