PNB fraud: Ex-Deputy Bank Manager Gokulnath Shetty arrested
New Delhi: The Central Bureau of Investigation (CBI) has arrested Punjab National Bank's retired Deputy Manager, Gokulnath Shetty and two others in a multi-crore bank fraud case, officials said on Saturday.
"CBI had Shetty, Single Window Operator Manoj Kharat and authorized signatory of the Nirav Modi Group of Firms, Hemant Bhat," a CBI official said.
The official said that they would be presented before the CBI special court in Mumbai later in the day.
PNB's retired Deputy Manager and Operator are named in the CBI FIR along with ten directors of the three private firms namely Krishnan Sangameshwaran, Nazura Yashjaney, Gopal Das Bhatia, Aniyath Shivraman, Dhanesh Vrajlal Sheth, Jyoti Bharat Vora, Anil Umesh Haldipur, Chandrakant Kanu Karkare, Pankhuri Abhijeet Varange and Mihir Bhaskar Joshi.
According to the FIR, it was alleged in the PNB complaint that Gitanjali Gems, Gili India Ltd and Nakshatra Brand Ltd and their directors in connivance with Sethi and other officials had caused an alleged loss of Rs 4,886.72 crore to the bank.
The CBI on Friday registered fresh FIRs against ten directors of the Gitanjali Group of companies under charges of criminal conspiracy and cheating of Indian Penal Code and Prevention of Corruption Act against Mehul Choksi, the Managing Director of Gitanjali Gems Ltd based at Mumbai's Walkeshwar.
The FIR has also named two former bank employees who were said to be directly involved in the fraudulent transactions.
Additionally, three companies of Gitanjali Group were also named in the CBI FIR registered on Thursday for causing alleged loss of Rs 4,886.72 crore.
The Enforcement Directorate (ED) on Thursday launched a nation-wide raid on the offices, showrooms, and workshops of billionaire diamond trader Nirav Modi.
The multi-pronged action came a day after the Punjab National Bank admitted to unearthing a fraud of Rs 11,515 crore involving Nirav Modi's companies and specific other accounts with the bank's flagship branch (Brady House Branch) in Mumbai and its second largest lending window in India.
The fraud, which includes money-laundering among others, concerns the Firestar Diamonds group in which the CBI last week booked Modi, his wife Ami, brother Nishal Modi and their uncle, Mehul Choksi.
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Karnataka approves railway barricades in Madikeri, Nagarhole to curb human-elephant conflict
Bengaluru (PTI): Karnataka Forest Minister Eshwar Khandre on Tuesday said a 7-km railway barricade has been approved for the Madikeri division and 20 km for the Nagarhole division in 2025–26 to curb human-elephant conflict in the regions.
Responding to a proposal raised by BJP MLC Suja Kushalappa during Zero Hour in the Legislative Council, he assured that work on the proposed railway barricades would begin soon.
Citing the death of a 17-year-old girl in an elephant attack on February 28 and that of a tribal woman on March 9 in the state, the minister said these deaths caused by elephant attacks were "extremely painful".
"Human life is very precious and cannot be valued in monetary terms. The Forest Department is taking all measures to prevent human-wildlife conflict."
The minister further said steps such as maintenance of elephant-proof trenches and solar-powered fencing were being undertaken, while two elephant task forces were currently in operation.
Orders have also been issued by the Chief Wildlife Warden to capture two rogue elephants.
In both cases, Rs 5 lakh compensation has already been disbursed to the families of the deceased, and the remaining Rs 15 lakh each will be provided within a week, he added.
Khandre said the government was making sincere efforts to find a permanent solution to the human–elephant conflict.
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