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Eyes wide shut: the $1.8 billion Indian bank fraud that went unnoticed

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It was here, according to accounts from Punjab National Bank (PNBK.NS) executives and government investigators, that a lone middle-aged manager, later aided by his young subordinate, engineered fraudulent transactions totaling about $1.8 billion from 2011 to 2017.

From Eyes wide shut: the $1.8 billion Indian bank fraud that went unnoticed

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