Four More Arrested in the Scandal

According to the latest Nirav Modi Scam Details, The CBI on Sunday had arrested four more people in the two cases that were linked to the PNB scam a few days ago taking the total number of arrests to 18. Manish K Bosamiya, then AGM (operation) and Miten Anil Pandya, then Finance Manager, both who were a part of Firestarter International Ltd were arrested for their apparent role in the composition of applications for the fraud practice i.e LoUs submitted to Punjab National Bank. The two other arrested are Sanjay Rambhia, Partner in CA firm M/s. Sampat and Mehta, who are in Mumbai, Aniyath Shiv Raman Nair, then who was the Director of M/s. Gili India Ltd None of these individuals who are to be arrested was reachable for giving any comments on Sunday. The agency has yet to track down Nirav Modi and Choksi who had left India before January. They Both have denied the allegations, issued statements denying the CBI’s charges.