Vipul Ambani

PNB fraud: CBI questions 11 bank officials, Nirav Modi's staffer Vipul Ambani; asks banks to report irregularities in LoUs

CBI questioned 11 PNB officials as well as Vipul Ambani, the chief financing officer of diamond merchant Nirav Modi's Firestar Internationl company

Nirav Modi case: CBI grills 11 Punjab National Bank officials, also questions Firestar International CFO Vipul Ambani

Punjab National Bank has complained about fraudulent issuance of LoUs and Letter of Credits (LCs) to companies of Nirav Modi and his uncle Mehul Choksi