ED summoned PNB Managing Director and CEO Sunil Mehta in connection with Rs 11,400 crore PNB scam
New Delhi sources have stated that the Enforcement Directorate (ED) also examined the state-owned bank's Executive Director KV Brahmaji Rao to understand how the alleged fraud was detected and other banking procedures. Meanwhile PNB CEO Sunil Mehta, officials said, will be asked similar questions when he meets ED officials this week. They said the two officials are not being examined as accused.
According to sources the diamond merchant Modi, his wife Ami and uncle Choksi today skipped their scheduled appearance before the Enforcement Directorate (ED) in Mumbai. Meanwhile it was not immediately known if the agency will issue fresh dates to them and moreover if it does not issue them fresh summons, it is understood, the ED is expected to move a special court in Mumbai seeking non-bailable arrest warrants against them.
Furthermore the agency also obtained the court's
nod to issue six Letters Rogatories (LRs), judicial requests for obtaining
information from overseas locations, pertaining to its probe against Modi.
Moreover currently the CBI and the ED have registered two First Information
Reports or FIRs each to probe the case. Both Modi and Choski are said to have
left the country before criminal cases were lodged against them and the proceeds
of crime were subsequently used by the accused to create illegal assets and
black money.