Citibank fraud case: FIR against CEO Vikram Pandit
The fraud at the bank's Gurgaon branch, involving diversion of depositors money into the stock market, was uncovered last week.
Besides Pandit, the FIR filed by a high networth individual ( HNI) Sanjiv Agarwal with the Gurgaon police also names Citibank chairman William R Rhodes along with other senior officials based in India.
"We got the complaint and immediately registered the FIR (first information report)" Gurgaon police commissioner S S Deswal said.
In the FIR, Agarwal, who is a resident of Gurgaon, alleged criminal breach of trust, falsification of accounts, cheating and criminal conspiracy by the officials of the Citibank.
"All persons named (in FIR)... in collision and conspiracy with each other and other known or unknown persons, (and) have misappropriated large sums of money to the tune of Rs 32.43 crore" Agarwal said in his complaint.