Nirav Modi case: Fresh chargesheet against retd PNB official
Tribune News Service
New Delhi, October 2
The CBI has filed a fresh chargesheet against Gokulnath Shetty, the then Punjab National Bank Deputy Manager who allegedly helped Nirav Modi and Mehul Choksi perpetrate Rs 13,000-crore fraud, and his wife for amassing disproportionate assets worth Rs 2.63 crore, officials said today.
The agency officials added the CBI had charged Shetty and his wife Asha Latha Shetty, a clerk in Indian Bank, under corruption charges for amassing assets worth over Rs 4.28 crore during 2011-17 when the scam was being perpetrated at the Brady House branch of PNB in Mumbai, where he was posted.
Of the total assets, the CBI alleged they could not provide satisfactory explanation for assets worth Rs 2.63 crore, which were 2.38 times disproportionate to their known sources of income.
The CBI looked into the relationship between Shetty and Modi-Choksi during which it dug into the assets amassed by the retired Deputy Manager, the officials said, adding that it had registered a separate FIR in November 2018 against Shetty and his wife to look into their assets.
During investigation it was found that against a genuine income of Rs 72.52 lakh during a six-year period, the Shetty couple had assets in their as well as family members’ names, primarily in the form of flats in Mumbai, the officials alleged.
