CBI arrests PNB Brady House branch's internal auditor in $2-billion fraud
The arrested auditor M K Sharma was "allegedly responsible for auditing the systems and practices" of the bank's Brady House branch in Mumbai
 "Punjab National Bank, PNB")
A bird flies past the logo of Punjab National Bank installed on the facade of its office in Mumbai, India | Photo: Reuters
The Central Bureau of Investigation (CBI) on Wednesday arrested an internal auditor of a Punjab National Bank branch that is at the heart of a $2 billion alleged fraud, a police spokesman said.
The arrested auditor M K Sharma was "allegedly responsible for auditing the systems and practices" of the bank's Brady House branch in Mumbai and report deficiencies to zonal audit office, the spokesman said.
Sharma will be produced in a Mumbai court on Thursday.
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First Published: Feb 28 2018 | 9:04 PM IST