 "graph")
The government’s order on sacking Punjab National Bank (PNB) Executive Directors K V Brahmaji Rao and Sanjiv Sharan came months after the bank’s board found no criminal intent, and a “casual oversight” on the part of these officials.
The facts emerged after a perusal of a bunch of documents reviewed by Business Standard, almost a year after the country’s biggest banking fraud, worth over Rs 14,000 crore, was detected by the Delhi-based bank in January 2018.
On January 18, the finance ministry, in a rare move, issued an order to sack Rao and Sharan, who were about to
The facts emerged after a perusal of a bunch of documents reviewed by Business Standard, almost a year after the country’s biggest banking fraud, worth over Rs 14,000 crore, was detected by the Delhi-based bank in January 2018.
On January 18, the finance ministry, in a rare move, issued an order to sack Rao and Sharan, who were about to
