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Unrecorded transactions, dubious staffers, Nirav Modi link: How the Rs 11,400-cr PNB fraud went unnoticed

A lone middle-aged manager, later aided by his young subordinate, engineered fraudulent transactions totalling about Rs 11,400 crore from 2011 to 2017, according to accounts from Punjab National Bank executives and government investigators. The still unravelling story of how the fraud happened — which includes the alleged misuse of the SWIFT

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