Tag: lapses in $2 billion fraud

Government sacks PNB executives for lapses in $2 billion fraud in first firings: sources

NEW DELHI – The government has sacked two executives of the state-run Punjab National Bank (PNB) for allegedly failing to prevent a $2 billion fraud, two sources said on Sunday, nearly a year after the country’s biggest bank scam came to light and also dragged the government into […]

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