CBI arrests Punjab National Bank’s GM
New Delhi/Mumbai: The CBI on Wednesday said it has arrested a General Manager-rank officer of the Punjab National Bank (PNB) in connection with the Rs 11,300 crore fraud and sealed diamond merchant Nirav Modi's Alibaug farmhouse in Maharashtra.
Rajesh Jindal, who was holding the charge of Mumbai-based PNB's Brady House branch between August 2009 and May 2011, was arrested on Tuesday night after daylong questioning in Mumbai.
The Central Bureau of Investigation (CBI) officials said the fraud perpetrated by the issuance of Letters of Understanding (LoUs) and Foreign Letters of Credit (FLCs) by PNB for sanction of loans to diamantire Nirav Modi and his uncle Mehul Choksi's group of firms took place during Jindal's tenure.
Jindal is the 12th accused to be arrested in the case so far. He was on Wednesday presented in a special CBI court in Mumbai which sent him to the agency's custody till March 5, an official said.
The agency also sealed Nirav Modi's Alibaug farmhouse spread over 1.5 acres near the Mumbai seashore, a day after a search by the CBI there.
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Gunmen attack building housing Israeli Consulate in Istanbul
Istanbul (AP): A gunfight erupted outside a building housing the Israeli Consulate in Istanbul on Tuesday, leaving two assailants dead and a police officer wounded, Turkiye's Haberturk broadcaster reported.
The report said attackers were carrying long-barreled weapons. An exchange of fire with police killed two, while a third assailant was captured. One officer sustained injuries during the clash.
The area surrounding the building was quickly sealed off.
