Mamata Demands Probe Into PNB Fraud


Jhargram: West Bengal Chief Minister Mamata Banerjee on Thursday at Belpahari public meeting said and demanded a thorough and time bound investigation into the fraud in state-owned Punjab National Bank.

She said that a scam of over Rs 11,000 crore has taken place and the people’s savings are not safe. “Look what happened at Punjab National Bank. A scam of more than Rs 11,000 crore. People’s savings are not safe. There must be a thorough, time bound enquiry,” she said in a tweet.

In what could be the biggest banking fraud in India, PNB had yesterday said that it has detected a USD 1.77 billion (about Rs 11,400 crore) scam in which billionaire jeweller Nirav Modi allegedly acquired fraudulent letters of undertaking from one of its branches for overseas credit from other Indian lenders.

Bengal Chief Minister Mamata Banerjee today inaugurated and laid the foundation stones for several schemes and projects. Some of the projects inaugurated by the CM today include Anganwadi centres, Gramin Haat, road projects, new police station, solar-powered lamp posts among others.

The Chief Minister also distributed benefits under schemes like Kanyashree, Sabuj Sathi, Anandadhara, Gatidhara, and gave away land pattas, Kisan Credit Cards and other benefits.