The companies which have invested in Citibank’s branch here through manager Shivraj Puri, alleged mastermind of an estimated Rs 400-crore fraud at the multinational lender, include Hero Group, sources said.
A police officer directly supervising the fraud probe said most of the companies which invested the amount with Puri belong to the Hero Group. Naveen Munjal of Hero Exports alone had given around Rs 50 crore to Puri for further investment, the officer said. Neither Munjal nor the group spokesperson could be contacted.
