The ED also seized several important documents related to the Punjab National Bank. Meanwhile, all four people, accused of cheating the Punjab National bank to the tune of Rs 11, 400 crores, were sent to police custody on Wednesday.
A special Central Bureau of Investigation court sent all the four, including celebrity jewellery designer Nirav Modi's Firestar Diamond President Vipul Ambani, to custody till March 5.The PNB detected a 1.77 billion dollar (Rs 11,400) scam, in which jeweller Nirav Modi acquired fraudulent letters of undertaking from one of its branches for overseas credit from other Indian lenders. -- ANI
The announcement from the Congress lawmaker brought fore cracks in the party, which on Tuesday lost the sole Rajya Sabha seat to the Bharatiya Janata Party and is apparently scrambling to keep its members together to prevent the fall of...