In Nirav Modi Fraud Case Patiala House Court summons 11 officials of Punjab National Bank for misleading Reserve Bank of India

On 26th March 2019, the Metropolitan Magistrate of the Patiala House Court, New Delhi issued summons against 11 officials of Punjab National Bank. The summons are ordered for furnishing false statements and misleading the Reserve Bank of India that ultimately led to a fraud of more than Rs.11,000 crore at Brady House, Mumbai Branch of the Bank. Officials summoned by the Patiala House court include current MD and CEO Shri Sunil Mehta and former MD and CEO Smt. Usha Ananthasubramanium.