CBI Arrested Three More PNB Officials

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The CBI (Central Bureau of Investigation) on Monday arrested three more Punjab National Bank (PNB) officials after intense grilling during the day in connection with Rs 11,384 crore scam involving billionaire jewellery merchants Nirav Modi and Mehul Choksi, according to the Financial Express.

The CBI also already started searches late this evening at group offices of Nirav Modi at Peninsula Business Park in Lower Parel, Mumbai.

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How Many PNB Officials Arrested?

The total number of arrests by the CBI has increased to six. four PNB officials, a retired employee of the bank, and an authorised signatory of Nirav Modi’s company — after today’s development.