CBI Rejects Claim To Make PNB Accused In Gitanjali Fraud
The CBI opposed a plea to make Punjab National Bank (PNB) an accused in the Gitanjali Group fraud, asserting PNB is a victim, not complicit. The agency argued the petition was filed with ulterior motives. The fraud resulted in a Rs 7,080.86 crore loss for PNB, while Gitanjali Group benefited from the fraudulent transactions.