The Central Bureau of Investigation today filed a second charge sheet against jeweller Mehul Choksi and his companies in the Rs 14,000-crore Punjab National Bank fraud case.
Eighteen individuals have been named in the charge sheet, CBI officials told BloombergQuint on the condition of anonymity. This includes 10 PNB officials including former Chief Executive Officer and Managing Director Usha Ananthasubramanian and two current executive directors.
The supplementary charge sheet is based on statements from 50 witnesses, the officials said, adding that the investigative agency has found evidence of six foreign Letters of Credit and 6 Letters of Understanding worth Rs 512 crore.
Gokulnath Shetty, one of the first people arrested in this case and and a former deputy manager of PNB is said to have received kickbacks worth Rs 1.02 crore after he fraudulently debited Rs 2.28 crore to the account of Gitanjali Exports, according to the charge sheet.
On Monday, the CBI had filed a separate charge sheet naming Usha Ananthasubramanian, who was then the CEO of Allahabad Bank, and PNB executive directors KV Brahmaji Rao and Sanjiv Sharan in the Nirav Modi case. Ananthasubramanian has since been divested of all powers with immediate effect by Allahabad Bank.