PNB fraud fuelled during demonetisation: Bengal CM

By Indo Asian News Service | Sunday, February 18, 2018 | 3:24:03 PM IST (+05:30 GMT) Comment 0 Comment

Kolkata, Feb 18 (IANS) West Bengal Chief Minister Mamata Banerjee on Sunday said that the $1.8 billion Punjab National Bank fraud was fuelled during demonetisation and demanded the unearthing of the "full truth" behind the scam.

Kolkata, Feb 18 (IANS) West Bengal Chief Minister Mamata Banerjee on Sunday said that the $1.8 billion Punjab National Bank fraud was fuelled during demonetisation and demanded the unearthing of the "full truth" behind the scam.

"This is just a tip of the iceberg. This big bank fraud was fuelled at the time of #DeMonetisation. Big money-laundering happened during DeMo. Key bank officials were changed. Who are these people put in? There are more banks involved. The full truth must come out," she tweeted.

Banerjee had earlier demanded a thorough investigation into the Punjab National Bank fraud and said she would not let the central government off the hook until the people's money is secured.

Accusing the Centre of trying to take away the people's money deposited in the banks with its Financial Resolution and Deposit Insurance (FRDI) Bill, the Chief Minister said she had written "strong" letters to the Finance Ministry to demand withdrawal of the bill.

--IANS

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