PNB appoints forensic auditor for Nirav Modi fraud case
PNB has appointed Belgium-based consultancy firm BDO as the forensic auditor for five Nirav Modi group companies in connection with the $2-billion fraud case. BDO will reportedly conduct audit transactions over a period of seven financial years starting from 2010-11. Any evidence will be shared with the CBI to help strengthen the case against the accused and any accomplices.