Authorities are throwing cold
Not so, the BBC reports:
“The possibility of involvement of the global CEO… looks remote,” [Guragon police chief SS Deswal] said on Wednesday, according to Press Trust of India news agency.
The investigation was instead focusing on several of the bank’s employees in India, he said.
Citigroup (C) has also issued a statement saying that the charges are “completely without basis.” Mr. Pandit, you’re free to go.
mtaylor [at] observer.com | @mbrookstaylor