Income tax (I-T) officials on Tuesday questioned Punjab National Bank (PNB) Managing Director and Chief Executive Officer Sunil Mehta in the Rs 114 billion scam allegedly involving Nirav Modi and the Mehul Choksi group of companies. “The I-T department came to the PNB headquarters for questioning that went on for hours,” said a source.
Meanwhile, the Central Bureau of Investigation (CBI) arrested Vipul Ambani, the president (finance) of Modi's Fire Star Diamond, the first high-profile arrest in the case, officials said. Four other senior executives were also arrested by the agency in connection with two FIRs registered by it in