Punjab National Bank hit by $1.8bn fraud episode artwork

EPISODE · Feb 20, 2018 · 7 MIN

Punjab National Bank hit by $1.8bn fraud

from FT News in Focus

A group of businessmen, acting with the connivance of staff at a Mumbai branch, obtained nearly $2bn in trade loans without going through proper approval processes, Mumbai reporter Simon Mundy tells Patrick Jenkins, the FT's financial editor. Hosted on Acast. See acast.com/privacy for more information.

Episode metadata supplied by the publisher feed · Published Feb 20, 2018

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Punjab National Bank hit by $1.8bn fraud

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