PnB Scam: After 11,500 cr fraud PNB, Geetanjali shares fall by 7% & 15%
ABP News Bureau
Updated at:
15 Feb 2018 10:48 AM (IST)
Download ABP Live App and Watch All Latest Videos
View In App
PnB Scam: After 11,500 cr fraud PNB, Geetanjali shares fall by 7% & 15%
A sharp fall of 7% was seen in the share market rate of Punjab National Bank on Thursday, after a scam of Rs 11,500 crore done against the country’s largest government bank came to light.
This come after CBI booked diamond merchant Nirav Modi, his brother, wife and a business partner for allegedly cheating PNB of over Rs 280.70 crore in 2017.
The Enforcement Directorate (ED) has registered a money laundering case in connection with the Rs 280-crore cheating of Punjab National Bank (PNB) allegedly by diamantaire Nirav Modi and others, on the basis of a CBI FIR.
A sharp fall of 7% was seen in the share market rate of Punjab National Bank on Thursday, after a scam of Rs 11,500 crore done against the country’s largest government bank came to light.
This come after CBI booked diamond merchant Nirav Modi, his brother, wife and a business partner for allegedly cheating PNB of over Rs 280.70 crore in 2017.
The Enforcement Directorate (ED) has registered a money laundering case in connection with the Rs 280-crore cheating of Punjab National Bank (PNB) allegedly by diamantaire Nirav Modi and others, on the basis of a CBI FIR.