Bank fraud linked to Indian jeweller could cost bank US$2 billion

A bank fraud at a single branch in Mumbai could cost the state-run bank more than originally expected at 2 billion US dollars. 

A celebrity Indian jeweller is accused of being at the centre of the fraud. 

Our correspondent Rebecca Bundhun reports from Mumbai 

IN: "Punjab National Bank…"

OUT: SOC

DUR: 27 secs

AIR: http://www.fsnradionews.com/feeds/0227Indiascam-rb-air.mp3 

ARN: http://www.fsnradionews.com/feeds/0227Indiascam-rb-arn.mp3 

FM4: http://www.fsnradionews.com/feeds/0227Indiascam-rb-fm4.mp3 

ICRT: http://www.fsnradionews.com/feeds/0227Indiascam-rb-icrt.mp3 

NIGERIA: http://www.fsnradionews.com/feeds/0227Indiascam-rb-von.mp3 

RNZ: http://www.fsnradionews.com/feeds/0227Indiascam-rb-rnz.mp3 

SRN: http://www.fsnradionews.com/feeds/0227Indiascam-rb-srn.mp3 

VATICAN: http://www.fsnradionews.com/feeds/0227Indiascam-rb-vatican.mp3 

ZIZ: http://www.fsnradionews.com/feeds/0227Indiascam-rb-ziz.mp3

938: http://www.fsnradionews.com/feeds/0227Indiascam-rb-938.mp3

GENERIC: http://www.fsnradionews.com/feeds/0227Indiascam-rb-generic.mp3