6 accused in $2-bn PNB fraud sent to 14-day judicial custody
A special CBI court has sent six accused, including retired PNB Deputy Manager Gokulnath Shetty, to 14-day judicial custody in connection with the $2-billion PNB fraud. Shetty was arrested for helping jeweller Nirav Modi conduct fraudulent transactions of over â¹11,400 crore. Shetty and another employee Manoj Kharat fraudulently issued LoUs worth â¹280 crore to Nirav's companies in 2017.