COIMBATORE: In a chain effect, the Central Bureau of Investigation (CBI) sleuths raided the house of one Mr. Krishnan in Coimbatore on Friday in connection with the Punjab National Bank (PNB) fraud case, in the backdrop of Krishna being a director of the ‘Gitanjali Group.’ According to an official source, following a complaint lodged by the PNB higher officials, the CBI launched searches at 20 locations across six cities in the country including Coimbatore.Three companies including ‘Gitanjli Group’ belong to Mehul Choksi’s were included in the CBI- FIR, allegedly in connection with the probe into the '11,400 crore PNB fraud case that involves the diamond billionaire, Mr. Nirav Modi.
Five sleuths from CBI accompanied by a State Bank of India official from Vadavalli searched the house and office of Mr Krishnan on Friday, at Kasturi Naickenpalayam near Vadavalli in suburbs of Coimbatore. Mr Krishnan, who later on met the press, said, “I am an individual director of the Gitanjli Group and there are two more directors like me in Pune; once in three months we meet in Mumbai to submit our accounts to our auditor. Apart from that, I am not aware of anything.” “The CBI officials enquired me regarding money transactions and official documents; they left the house as they could not find any incriminating documents in my home”.
