General Manager-rank officer of Punjab National Bank named Rajesh Jindal is arrested by Central Bureau of Investigation on Tuesday night, as he alleged for Rs. 11,400-crore PNB fraud.
During 2009-11 Jindal was the head of Brady House, Mumbai Branch. He is arrested for PNB bank scam, as issuance of Letters of Undertaking to Nirav Modi group firms without authorized limits started during his tenure. He presently posted as GM credit, PNB head office, New Delhi.
He is under CBI custody and interrogation is on.