The counter extortion organization (SFIO) on Monday summoned ICICI Bank boss Chanda Kochhar and Axis Bank’s overseeing executive Shikha Sharma in the Punjab National Bank (PNB) misrepresentation case.
NDTV revealed that ICICI Bank drove a consortium of 31 banks that loaned cash to Mehul Choksi’s Gitanjali Group. Sources show the senior authorities are just being addressed for illuminations and not as charged in the extortion case.
ICICI Bank had before asserted it didn’t have any presentation to Nirav Modi gathering of organizations yet the bank was just loaning working funding to the gathering alongside a few different banks.
“We have no presentation to the Nirav Modi gathering of organizations. We have not issued any Letter of Undertaking (LOU) nor do we have any purchaser’s acknowledge introduction against LOUs for regard to the Nirav Modi gathering of organizations and in addition the Gitanjali gathering of companies…We are working capital loan specialists to the Gitanjali gathering of organizations alongside a few different banks in the consortium…Our presentation to the Gitanjali gathering of organizations isn’t the biggest among moneylenders in the consortium,” the bank had stated, including that it was “completely co-working with the researching offices in their endeavors”.
Prior, a senior authority of the ICICI Bank was summoned to the CBI office in Mumbai. NS Kannan, official chief ICICI bank, was the pioneer of consortium of the bank that loaned cash to Gitanjali Group, it has been asserted.
This comes in the midst of reports that the Central Bureau of Investigation (CBI) on Monday kept Vipul Chitalia, VP (saving money tasks), Gitanjali Group, at Mumbai airplane terminal in the Punjab National Bank misrepresentation case. He has been taken for addressing at the Bandra-Kurla Complex, an authority said. He didn’t unveil some other insights about Chitalia’s affirmed part in the PNB misrepresentation.