New Delhi:
After Shivraj Puri, a former Citibank manager who is behind the Rs. 300 crore scam, allegedly told the police that the top rung of the bank was aware of how his scam worked, Citibank issued a statement late Tuesday evening. (
Read: FIR names CEO Vikram Pandit in Citibank fraud)
The statement says:
As this individual well knows, Citi identified the fraud and immediately reported the matter to the regulators and law enforcement agencies.
His claims against senior executives are completely without basis and we intend to contest them vigorously.
It was on Citi complaint that the Gurgaon police lodged an FIR and are currently investigating the matter. Citi will continue to work with the authorities on this investigation.