PNB scam: Ex-bank official Gokulnath Shetty arrested
New Delhi, Feb 17 (IBNS): One of the key accused in the country's biggest bank scam by diamond czar Nirav Modi, ex-official of Punjab National Bank (PNB) Gokulnath Shetty has been arrested by the Central Bureau of Investigation (CBI), media reports said.
The arrest, which is considered to be a major crackdown on the PNB scam, was made on Saturday.
Apart from Shetty, another bank official Manoj Hanument and authorised signatory of Modi-run companies, Hemant Bhatt, have also been arrested by the CBI.
All three accused have been sent to the CBI custody till March 14.
Along with Modi, his maternal uncle Mehul Choksi is also involved in the PNB scam of Rs. 11,292-crore.
The government on Friday announced that the passport of the fugitive billionaire Modi and Choksi have been cancelled for four weeks.
Modi, who is in the centre of a huge storm, reportedly left the country in January, much before the scam came to light.
According to media reports, he is now in New York.
Meanwhile, Interpol has issued diffusion notice against Modi, his wife Ami, brother Nishal and partner Choksi.
On February 14, the CBI received complaints from PNB, which detected a Rs 11,292 crore fraud involving Modi.
ED started raiding Nirav Modi’s home, offices in Mumbai, Delhi and Surat on Thursday.
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