CBI Claims This Man Is The Brain Behind Rs 12,600 Crore PNB Fraud Orchestrated By Nirav Modi

The CBI has made another arrest in the Rs 12,600 crore Punjab National Bank (PNB) fraud case.

The investigative agency on Tuesday arrested Vipul Chitalia, vice president of the Gitanjali Group of Companies who the CBI told the special court is the “main protagonist of the fraud” and “brain behind the conspiracy” alongwith chairman and managing director, Mehul Choksi.

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48-year-old Chitalia is the 19th accused to be arrested in the case.

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Chitalia, the head of Gitanjali’s banking operations was intercepted by the immigration authorities at Mumbai airport following his arrival from Bangkok on Tuesday morning after which he was handed over to the CBI.

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