Notices sent to statutory auditors of PNB's fraud-hit branch
The Institute of Chartered Accountants of India has sent notices to statutory auditors of PNB's fraud-hit Brady House branch in Mumbai. Eight statutory auditors, who audited the branch during the fraud period, have been asked to appear before its discipline board and offer an explanation. Earlier, PNB chief Sunil Mehta said he doesn't blame statutory auditors for Nirav Modi fraud.