Chandri Paper could not immediately be reached for comment.
Mr. Shetty retired from service in May 2017.
The agency registered the FIR following a fresh complaint by PNB on 9 March.
The fraud worth Rs 9.23 crore relates to LoUs (Letters of Undertaking) issued to Chandri Papers and Allied Products by the PNB Brady House branch. "The due date of payment for the LoUs was January 20, 2020", CBI said in its FIR.
Why the Bengals re-signed injury-prone TE Tyler Eifert While Eifert's first foray into free agency probably was disappointing, this could be a make-or-break year for his career. This is good news to the Bengals because, if healthy, Eifert is one of the most unsafe threats in the NFL.
India's February Trade Deficit Narrows to $12 Billion India's trade deficit narrowed to a five-month low of $12 billion in February after widening to a 56-month high a month ago. Export sectors, which are recording healthy growth so far, include chemicals, engineering goods, and petroleum products.
An LoU is a sort of guarantee between two banks that enables the issuer bank's customer to receive foreign exchange from another Indian bank's foreign branch in the form of short-term credit.
Chandri Paper, which deals in wax, lubricants, bitumen in Mumbai, did not respond to Mint's calls or emails seeking a response.
The new development unfolds after the PNB had detected a 1.77 billion United States dollar fraud, wherein noted jewellery designer Nirav Modi had acquired multiple letters of undertaking to avail overseas credit from a number of banks on February 14. The new 91 million fraud has been spotted at the PNB's Brady House Branch in Mumbai where the Nirav Modi scam had unfolded. Accordingly the court filing said that the Gitanjali group of companies controlled by jeweler Mehul Choksi allegedly defrauded PNB of Rs 4,8886.72 crore regarding which the CBI filed a case on February 15. Last month, the PNB detected some fraudulent and unauthorised transactions in one of its branch in Mumbai for the benefit of a few select account holders.
The branch's former deputy manager, Gokulnath Shetty, charged as key facilitator of the scam, has been arrested by the CBI, along with a dozen more officials of the bank.
According to Wilder, any number above 70 should be considered overbought and any number below 30 should be considered oversold. It dropped, as 23 investors sold VSAT shares while 40 reduced holdings. 34 funds opened positions while 66 raised stakes.
Tatum took advantage of the blunder and tied the game at 115 after an and-1 layup with just 3.1 seconds left. The Celtics held a one-point lead with 50.8 seconds to play in the longest, most drawn out part of the game.
The jury voted 10-2 for a lesser manslaughter charge after Gasser was originally indicted on second-degree murder charges. Shute acknowledged that McKnight had a hand on the open, passenger side window of Gasser's auto before he was shot.
Over the past seven games, Ingles is shooting 51.9% from the three-point line on 5.9 attempts per game and 52.9% from the field. However, Exum returned to practice with the G League's Salt Lake City Stars this week in preparation for making his debut.
Garrido's teams produced 15 first-round draft picks in the Major League Baseball and 27 players won All-America honors 34 times. His teams made a total of 15 College World Series appearances, and he was named national coach of the year six times.
Africa review reports that witnesses said they had seen her in a verbal exchange with colleagues as they boarded the plane. An eyewitness said: "She landed badly, her legs looked to have suffered fractures and she had glass bruising on her face".
Everything you need to enjoy the final day of Cheltenham
And that commitment to get the horses going to Cheltenham in the best possible state is sure to stand to Willie and his charges. Both his hopes this year- Balko des Flos and Sub Lieutentant, are trained by Henry de Bromhead.
Mike Pompeo doesn't like the Iran nuclear deal
During his months in office, Tillerson had pressed Trump to stick with the nuclear agreement with Iran and other world powers. The firing comes as Trump prepares for delicate talks with North Korea's Kim Jong Un.
Tyrod Taylor Not Interested In Being "bridge" QB For Browns
Taylor is clearly the most talented quarterback of the three now on Cleveland's roster, ahead of Kevin Hogan and Cody Kessler. The Cleveland Browns are nearly certainly going to use either the No. 1 or No. 4 overall pick to draft a quarterback .
Gunfight underway on Srinagar outskirts
As per the directions, the companies have been asked not to keep speed more than 128 kbps. A police official said the operation would continue in the night also.
Fire and chemical burn hazard forces Amazon recall
Product ID number B00LRK8EVO, B00LRK8HJ8, B00LRK8I7O, B00LRK8IV0, B00LRK8JDC or B00ZQ4JQAA is printed on the back of the unit. Amazon ( AMZN ) is recalling about 260,000 portable chargers that pose a fire and burn risk.