CBI arrests top PNB auditor in $2-billion fraud probe
The Central Bureau of Investigation (CBI) on Wednesday arrested an Internal Chief Auditor of Punjab National Bank in connection with the alleged $2-billion fraud involving Nirav Modi and Mehul Choksi. The arrested auditor, MK Sharma, was allegedly responsible for auditing the systems and practices of the bank's Brady House Branch in Mumbai, where the fraud began in 2011.