New Delhi (05.03.2022): The Central Bureau of Investigation (CBI) has sought a fresh prosecution sanction against former managing director and chief executive officer of Punjab National Bank (PNB) Usha Ananthasubramanian and former executive directors K V Brahmaji Rao and Sanjiv Sharan in connection with its probe against fugitive diamantaire Mehul Choksi. People familiar with the development said the sanction was sought from the ministry of finance in the “destruction of evidence” probe against Choksi, who is accused of cheating the public sector bank of over ₹7,000 crore. A charge sheet was filed against Choksi, Ananthasubramanian, Brahmaji Rao, Sharan and 18 others in June last year adding “destruction of evidence” (section 201 of the Indian Penal Code, IPC) to the list of offences in the case. They were earlier charged under sections pertaining to cheating, forgery, falsifying accounts, and criminal conspiracy under the IPC and bribery under the Prevention of Corruption Act. CBI official, requesting anonymity, said “it was sought last year itself, but the details have been kept under wraps as India is pursuing the extradition of Choksi”.
CBI seeks fresh sanction against PNB’s Ex-MD/CEO
By IndianMandarins - 2022-03-05 06:15:00
New Delhi (05.03.2022): The Central Bureau of Investigation (CBI) has sought a fresh prosecution sanction against former managing director and chief executive officer of Punjab National Bank (PNB) Usha Ananthasubramanian and former executive directors K V Brahmaji Rao and Sanjiv Sharan in connection with its probe against fugitive diamantaire Mehul Choksi.
People familiar with the development said the sanction was sought from the ministry of finance in the “destruction of evidence” probe against Choksi, who is accused of cheating the public sector bank of over ₹7,000 crore.
A charge sheet was filed against Choksi, Ananthasubramanian, Brahmaji Rao, Sharan and 18 others in June last year adding “destruction of evidence” (section 201 of the Indian Penal Code, IPC) to the list of offences in the case. They were earlier charged under sections pertaining to cheating, forgery, falsifying accounts, and criminal conspiracy under the IPC and bribery under the Prevention of Corruption Act.
CBI official, requesting anonymity, said “it was sought last year itself, but the details have been kept under wraps as India is pursuing the extradition of Choksi”.
