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CBI arrests Mukesh Ambani's cousin Vipul Ambani in PNB scam
short by Manaya Bagga / on Wednesday, 21 February, 2018
The CBI has arrested Vipul Ambani, Mukesh Ambani's cousin and President (Finance) of Nirav Modi's Firestar Diamond firm in connection with $1.77-billion PNB scam. Firestar's executive assistant Kavita Mankikar and Senior Executive Arjun Patil were also arrested. They were reportedly responsible for getting the Letters of Undertaking worth ₹6,498 crore issued illegally with help of PNB officials.
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