November 22, 2024 09:20 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
PM Modi bestowed Dominica's highest award at India-CARICOM Summit | 69-year-old Delhi man, a St. Stephen's alumnus, arrested for conning govt officers by posing as ex-IPS | 'Baseless': Adani Group denies US charges of bribery and fraud against Gautam Adani | AAP's first list of candidates for Delhi polls feature six turncoats | PM Modi is incapable to arrest Gautam Adani: Rahul Gandhi after tycoon charged with bribery and fraud in the US
Fraud investigation body summons top bankers Chanda Kochhar and Shikha Sharma in PNB scam case

Fraud investigation body summons top bankers Chanda Kochhar and Shikha Sharma in PNB scam case

| @indiablooms | 06 Mar 2018, 03:09 pm

Mumbai, Mar 6 (IBNS): The Serious Fraud Investigation Office (SFIO), on Tuesday, summoned ICICI bank MD and CEO Chanda Kochhar and Axis Bank chief Shikha Sharma in relation to the PNB scam case, according to media reports.

The have asked to appear  at SFIO's Mumbai office, reports said.

Kochhar and Sharma have bee summoned regarding the Rs 3,280 crore working capital loan to Mehul Choksi’s Gitanjali group, according to News18.

ICICI, part of the 31-bank consortium that lent money to the Gitanjali Group, had sanctioned a loan of Rs 405 crore.

However, NDTV quoting sources said that the senior officials are only being questioned for clarifications and not as accused in the fraud case.

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.