Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Feb 19, 2018

CBI Continues Searches At PNB’s Brady House Branch     

CBI Continues Searches At PNB’s Brady House Branch      
A woman looks on as CBI team seals Punjab National Bank’s South Mumbai branch at Brady House in Mumbai on Monday. (Source: PTI)

A team of the Central Bureau of Investigation today continued its searches at the Brady House branch of the scam-hit Punjab National Bank in south Mumbai.

The Brady House branch of the PNB is at the centre of the Rs 11,384 crore banking fraud involving billionaire jewellers Nirav Modi and Mehul Choksi.

The CBI search, that began yesterday, is still continuing today in the Punjab National Bank's mid-corporate branch at the Brady House, Fort, Mumbai.
CBI Spokesperson

As the CBI began its searches yesterday, the branch was sealed and entry to the premises was restricted.

Also Read: PNB Fraud: CBI Questions Nirav Modi's CFO Vipul Ambani

A notice mentioning the sealing was pasted at the entrance. Today, the investigators again went to the bank premises, removed the notice and continued their search operation, the official said.

The searches will not affect regular business of the branch since today is a holiday in Maharashtra on the occasion of the birth anniversary of king Chhatrapati Shivaji, he added.

Also Read: The Banks That Have Exposure To PNB Fraud

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search