PNB Bank Fraud Was Fuelled During Demonetisation: Mamata Banerjee


Kolkata: West Bengal Chief Minister Mamata Banerjee on Sunday said that the $1.8 billion Punjab National Bank fraud was fuelled during demonetisation and demanded the unearthing of the “full truth” behind the scam.

“This is just a tip of the iceberg. This big bank fraud was fuelled at the time of #DeMonetisation. Big money-laundering happened during DeMo. Key bank officials were changed. Who are these people put in? There are more banks involved. The full truth must come out,” she tweeted. Bengal CM Mamata Banerjee had demanded a thorough investigation into the Punjab National Bank fraud.

Addressing a rally in West Midnapore district, she described the Bill as ‘anti-people’ and accused the central government of not thinking about the poor. “They always talk big. They are coming up with a Bill which is anti-people. Before coming here today, I have again written a strong letter to them (the Centre) asking for withdrawal of the Bill,” Banerjee said.

It is her second letter to the Centre demanding withdrawal of the FRDI Bill. Opposition parties has been criticising the bill for some of its controversial provisions, including a bail-in clause. The government, however, said it will fully protect public deposits in financial institutions.