Business Standard
Notification Icon
userprofile IconSearch

CBI books ex-PNB manager, 2 companies in Rs 168.59 crore fraud case

CBI on Thursday registered a case on complaint from Punjab National Bank (PNB) against its former manager, and others including two private companies, for allegedly committing a fraud of Rs 168.59 cr

68 personnel at CBI Mumbai office test positive for COVID-19

IANS New Delhi

The Central Bureau of Investigation (CBI) on Thursday registered a case on complaint from Punjab National Bank (PNB) against its former manager, and others including two private companies, for allegedly committing a fraud of Rs 168.59 crore.

The FIR was filed against Priya Ranjan Kumar, then Manager, PNB; Elangbam Ranananda, Heyee Global Enterprises Pvt Ltd, Noida; and MDA Enterprises based in Andhra Pradesh.

The CBI in its FIR has said that the accused in conspiracy with others through illegal and unauthorised usage of the bank's system, issued 34 fake Bank Guarantees, and caused a loss of Rs 168.59 crore.

The CBI also conducted search operations at six locations including Noida, Saran, Patna, Tadipatri (Andhra Pradesh), Thoubal (Manipur) at the residential and office premises of accused which led to the recovery of incriminating documents.

 

--IANS

atk/pgh

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 22 2022 | 11:18 PM IST

Explore News