New Delhi, Feb 27: The CBI on Tuesday questioned former Punjab National Bank Managing Director Usha Anant Subramanian and ICICI Bank Executive Director N.S. Kanan in connection with the public lender fraud case.
A CBI official stated Subramanian was interrogated at the agency’s Mumbai office.
“The agency also questioned the ICICI Executive Director because it was the leader of a consortium of banks that sent money to Mehul Choksi’s Gitanjali Group,” news agency IANS quoted the official as saying.
He said the probe agency received a complaint from the PNB alleging a loss of Rs 1,251 crore — all linked to Gitanjali Group.
Besides, two PNB General Managers Nehal Ahad and Vimlesh Kumar were also quizzed, apart from two statutory auditors of the PNB, in the fraud.
Prior to this, on Monday the CBI questioned three statutory auditors and two General Managers of the Punjab National Bank.
The CBI had lodged the first FIR in the fraud on February 14 against Nirav Modi, his wife Ami, brother Nishal, uncle Mehul Choksi and his companies named Diamond R US, Solar Exports and Stellar Diamond.
Nirav Modi, his family and Choksi left the country in early January.
The CBI filed the second FIR on February 15 for Rs 4,886.72 crore fraud against the Gitanjali Group headed by Mehul Choksi.
The official said CBI had written to the Chief Vigilance Officers of five banks to share details of money credited to Nostro accounts of PNB on receiving Letters of Understanding and Foreign Letters of Credit, which were then withdrawn by Nirav and Choksi’s group as buyers’ credit.
So far, the probe agency has arrested 12 persons in the case.