ICICI Bank Chief Chanda Kocchar, Axis Bank MD Shikha Sharma summoned in PNB fraud case
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ICICI Bank Chief Chanda Kocchar and Axis Bank Managing Director Shikha Sharma were summoned for interrogation on Tuesday by Serious Fraud Investigation Office (SFIO), Mumbai, in the Punjab National Bank (PNB) scam case.
Both the bankers have been summoned in a case of over 5,000 crore rupee working capital facility given to Mehul Choksi's Gitanjali Group by a consortium of 31 banks.
The ICICI Bank, with a loan of around 400 crores, was a lead banker in this consortium, while Axis Bank had a major exposure too.
Meanwhile, the CBI has detained Vipul Chitalia, the Vice President of Gitanjali Group of Companies as a part of the probe into the case.
Chitalia was apprehended at the Mumbai airport and taken to CBI office for questioning.
The SFIO also said, PNB MD and CEO Sunil Mehta has been summoned for questioning.
#casansaar ( Source - NewsOnAir)
Both the bankers have been summoned in a case of over 5,000 crore rupee working capital facility given to Mehul Choksi's Gitanjali Group by a consortium of 31 banks.
The ICICI Bank, with a loan of around 400 crores, was a lead banker in this consortium, while Axis Bank had a major exposure too.
Meanwhile, the CBI has detained Vipul Chitalia, the Vice President of Gitanjali Group of Companies as a part of the probe into the case.
Chitalia was apprehended at the Mumbai airport and taken to CBI office for questioning.
The SFIO also said, PNB MD and CEO Sunil Mehta has been summoned for questioning.
#casansaar ( Source - NewsOnAir)
Category : Income Tax | Comments : 0 | Hits : 1087
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