Mumbai, January 15 (agencies): Citibank, one of whose Gurgaon branch employees is accused of a Rs 400-crore fraud, said that it is working towards providing a ‘fair compensation’ to its affected customers. The bank has been in touch with its impacted customers and is fully committed to safeguarding their legitimate interests, it said in a statement.
“As we have stated earlier, we identified suspicious transactions at our Gurgaon Branch in early December and immediately reported the matter to law enforcement and regulatory authorities. We have since been in contact with our impacted customers and are committed to safeguarding our customers’ legitimate interests,” the statement said. One of its employees, Shivraj Puri, is accused of luring high net-worth individuals to invest in a bogus investment scheme on the pretext of high returns, while diverting the funds to the stockmarket. Yesterday, he was remanded to 14 days judicial custody (till January 28) by a local court. He was initially taken into seven days police custody on December 30 last year after the scam was detected.
“As we have stated earlier, we identified suspicious transactions at our Gurgaon Branch in early December and immediately reported the matter to law enforcement and regulatory authorities. We have since been in contact with our impacted customers and are committed to safeguarding our customers’ legitimate interests,” the statement said. One of its employees, Shivraj Puri, is accused of luring high net-worth individuals to invest in a bogus investment scheme on the pretext of high returns, while diverting the funds to the stockmarket. Yesterday, he was remanded to 14 days judicial custody (till January 28) by a local court. He was initially taken into seven days police custody on December 30 last year after the scam was detected.
