The Central Bureau of Investigation (CBI) has filed second charge-sheet of 12,000 pages in Mumbai’s special CBI court where he is named as ‘wanted’.
#PNB Scam case: CBI files second charge-sheet of 12000 pages in Mumbai’s Special CBI Court. Mehul Choksi named as ‘wanted’ in the charge-sheet. Charge-sheet filed under sections 409, 420, 120B of IPC pic.twitter.com/H8HtzrDdFV
— ANI (@ANI) May 16, 2018
Earlier in April, a non-bailable warrant was issued against Nirav Modi, also an accused in the PNB scam and Mehul Choksi. Prior to that, the Enforcement Directorate had issued summons to them and their passports were revoked.
The development comes a day after the PNB recorded a net loss of Rs. 13,417 crore in its Q4 earnings for the quarter ended 31st March 2018. As per reports, the second charge sheet in the PNB fraud case relates to loss of Rs. 7,000 caused to the bank due to alleged malpractices carried out by Choksi’s companies in connivance with few PNB staffers and officers.
The initial chargesheet filed on Monday which named 19 people arrested in relation to the case and firms. The charge-sheet filed on Monday also named Usha Ananthasubramanian, Allahabad Bank’s CEO, who headed the PNB from August 2015 and May 2017 and was also Executive Director of PNB from July 2011 to November 2013. She also headed Bharatiya Mahila Bank which merged with State Bank of India in April last year.