I-T dept questions PNB chief again; bank board to meet on February 26

The board meeting comes at a time when Arun Jaitley has come down heavily on PNB's management for its failure to check the fraud

The income tax (I-T) department on Wednesday quizzed Punjab National Bank Managing Director and Chief Executive Officer Sunil Mehta again in the Rs 114 billion scam.
 
“The PNB chief was summoned to the income tax department office on Wednesday. He was questioned for at least two hours,” an official said.
 
I-T sleuths had come to the PNB headquarters in Delhi to question Mehta on Monday. He was questioned for around four hours on Tuesday, sources said. The CBI on Tuesday also questioned an executive director and nine other officials of the bank.