New Delhi: The anti-corruption watchdog, the Central Vigilance Commission (CVC), is perturbed over the Punjab National Bank (PNB) auditor’s lackadaisical approach despite the fact that the largest banking scam exploded under their watch. Firstpost has reviewed a CVC note, which reveals that statutory auditors, who had conducted an audit of PNB’s Brady House branch, provided vague replies to the CVC on the Rs 14,000 crore fraud and conveniently put the blame on others for failing to detect massive irregularities.
The CVC said most of the auditors, who have been questioned took the plea that their mandate was not to check individual entries and that it should have been done by either the concurrent auditor or the revenue auditor. The CVC also indicated that…
