2024-06-08 10:39:39
New DelhiPunjab Nationwide Financial institution is an enormous identify among the many public sector banks within the nation. It’s the second largest financial institution after State Financial institution of India (SBI). However typically its identify will get tarnished on account of a few of its tainted officers. You could do not forget that Mehul Choksi, who was the chairman of Gitanjali Gems, together with some officers of PNB, had dedicated a fraud of greater than Rs 14 thousand crores in Brady Home department in Mumbai. Now an analogous fraud case has come from Balaram district of Uttar Pradesh. Though this case is of solely Rs 10 lakh. However this positively tarnishes the identify of the financial institution.
what’s the matter
Information company PTI has reported {that a} department supervisor of Punjab Nationwide Financial institution (PNB) posted in Balrampur district of Uttar Pradesh has been arrested from Kanpur on fees of conspiracy and fraudulently usurping cash within the identify of giving mortgage. Metropolis space’s Police Circle Officer (CO) Brij Nandan Rai has stated that it is a case of Manikkot village of Kotwali Dehat. Dinesh Kumar Mishra, a resident there, has alleged that the department supervisor and 4 different staff of Balrampur-based Punjab Nationwide Financial institution fraudulently sanctioned a mortgage of 10 lakhs within the identify of his previous mom Kanti Devi. Later they usurped the mortgage quantity. After a while, within the identify of recovering that mortgage, they threatened to confiscate Dinesh Kumar Mishra’s home and tractor.
The matter reached the police
After this, Dinesh Mishra took the assistance of police. Brij Nandan Rai advised that when he requested for mortgage paperwork from the financial institution, they weren’t offered to him. After which, on the order of the court docket, the police began investigation by registering a case beneath numerous sections together with fraud of the Indian Penal Code. In the course of the investigation, it was discovered that the mortgage was taken within the identify of Kanti Devi however the signature within the mortgage software was not of Kanti Devi. It was discovered that the officer posted there, Nitesh Shukla, had hatched this fraud conspiracy. The cash of this mortgage account was withdrawn and usurped.
PNB department supervisor arrested
In keeping with the police, Nitesh Shukla, presently working because the Indramau department supervisor in Unnao district, has been arrested from Kanpur.
What’s the case of Mehul Choksi
Mehul Choksi, who was the chairman of Gitanjali Gems, and Nirav Modi are accused of committing a fraud of greater than 14 thousand crores within the Brady Home department of Punjab Nationwide Financial institution in Mumbai. On this case, the cash was transferred to international accounts by means of pretend Letters of Undertakings (LoU) between 2011 and 2018 with the connivance of Punjab Nationwide Financial institution officers. The financial institution was drastically embarrassed on account of this case. This matter was even raised in Parliament.