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PNB’s Diamond Fraud Could Hit $2B In Cost

March 07, 2018
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PNB’s Diamond Fraud Could Hit $2B In Cost

March 07, 2018
The scandal surrounding India’s state-run Punjab National Bank (PNB) is getting bigger — in fact, a source says it could hit the $2 billion mark. According to a source involved in the investigation and court documents reviewed by Reuters, authorities are still trying to recover all documents and loan guarantees issued fraudulently at the bank. […]