PNB fraud: CBI questions four senior RBI officials

According to the CBI, the questioning is being done to determine the alleged lapses in the statutory audit of the bank

April 05, 2018 06:04 pm | Updated May 26, 2021 08:24 am IST - New Delhi

The CBI on Thursday questioned three chief general managers and a general manager of the Reserve Bank of India in connection with the Rs.13,578-crore Punjab National Bank scam.

According to the CBI, the questioning is being done to determine the alleged lapses in the statutory audit of the bank , owing to which the discrepancies were not detected.

It is learnt that the officials were also being quizzed with respect to the alleged benefits extended to diamond merchant Mehul Choksi group of companies due to the 80:20 gold import scheme in 2013-14.

The scheme allowed sops to stared and premier trading agencies in the gold import. Under the scheme, they could import gold on the condition that 20% of the import would have to be further exported.

"The Mehul Choksi group companies were premier trading houses," said an official.

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