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Mumbai Expressway crash : Will ensure justice for my father, says Nilofer Hussain

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By NewsGram Staff Writer

Mumbai: Nilofer Hussain, daughter of Sayed Hussain, the taxi driver who was killed in a drunk-driving accident on the Eastern Expressway in Mumbai, has told the media that she will “ensure justice for her father”.

The accused Janhavi Gadkar, was driving her Audi Q3 at a speed of more than 120kmph, when she slammed into the taxi. The impact was so strong, that the front of the taxi was entirely crushed, instantly killing the 57- year- old Sayed Hussain. Gas cutters had been employed to retrieve his body from the damaged car.

“Irresponsible, is small word to describe the people who did this. How can you do this? This happens because people have an attitude that it is India, and anything can be done here. That is the main reason why people think that drinking and driving is okay. Because they think, at the end of the day, if they have money, they can get away with it. People need to change their attitude,” she told a news channel.

Nilofer told the media outlet, that the news of the accident came as a big shock to the family, as her father, who had been driving a taxi for the past 30 years, was never involved even in a minor accident.

“This is absolutely horrendous. My dad has been working as a cab driver since a long, long time. He has been driving for more than 25 years and his has been the safest pair of hands behind the wheel. He has worked extremely hard all his life and he has never had any accident. Not even a minor accident.”

Nilofer added, that none of the authorities tried to reach out to her family.

“We haven’t even heard from the police. They have not even acknowledged us. No one has even turned up to say what has happened. Just because he was a cab driver, it does not mean that he had no existence. This is nonsense, what were the police doing?”  Nilofer  was reported as saying to NDTV.

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Punjab National Bank detects $1.8 bn fraud at a Mumbai branch, Links to Nirav Modi

Punjab National Bank, the second largest public sector bank in India

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Punjab National Bank is India's second largest bank. Wikimedia Commons
Punjab National Bank is India's second largest bank. Wikimedia Commons
  • Punjab National bank has detected a $1.8 billion fraud
  • The fraud happened in their Mumbai branch
  • The matter has been referred to law enforcement

Punjab National Bank, the second largest public sector bank in India, has detected a $1.8 billion fraud in one of its branches here, the bank said in a regulatory filing to the stock exchanges on Wednesday.

Punjab National Bank experiences a fraud of $1.8 bn.
Punjab National Bank experiences a fraud of $1.8 bn.

“The bank has detected some fraudulent and unauthorised transactions (messages) in one of its branch in Mumbai for the benefit of a few select account holders with their apparent connivance,” the filing by the bank said.

It had quoted the quantum of such transactions was to the tune of around $1,771.69 million (around Rs 11,515 crore).

The amount of fraudulent transactions is equivalent to eight times the bank’s net income of about Rs 1,320 crore ($206 million).

Also Read: Raghuram Rajan: The Man Who Revolutionized The Indian Banking System

This case has happened at a time when the Indian banking system is already grappling to tackle its swelling non-performing assets.

“Based on these transactions other banks appear to have advanced money to these customers abroad. In the bank these transactions are contingent in nature and liability arising out of these on the bank shall be decided based on the law and genuineness of underlying transactions,” the filing said.

Punjab National Bank's Mumbai branch is now under high scrutiny. Wikimedia Commons
Punjab National Bank’s Mumbai branch is now under high scrutiny. Wikimedia Commons

The bank informed: “The matter is already referred to law enforcement agencies to examine and book the culprits as per law of the land.”

On February 5, the Central Bureau of Investigation had booked billionaire diamond service provider Nirav Modi, his brother, wife and an enterprise companion for allegedly cheating Punjab National Bank of over Rs 280.70 crore last year.

Also Read: Con man in Delhi Duped Amazon for over Rs. 50 Lakh; Arrested by Delhi Police for Fraud

Following the complaint, the CBI registered a FIR under the Indian Penal Code sections related to criminal conspiracy, cheating and provisions of the Prevention of Corruption Act against the four.

The stock of Punjab National Bank was trading at Rs 149.20 per share, down 7.70 percent at the BSE at 1.59 p.m. IANS