Resigned as I was pressured to give loan to Gitanjali Gems: Former Allahabad Bank director

Even as the skeletons tumble out of closet in the Rs 11300 crore PNB scam, former Allahabad Bank director revealed that he resigned from his post after he was pressurised to give a loan to Gitanjali Gems.

Dinesh Dubey, former Allahabad Bank director, said that he had sent a dissent note against Gitanjali Gems to the government and the RBI in 2013 but to no avail.

''I had sent a dissent note against Gitanjali Gems to the government and RBI in 2013 but to no avail, I was directed that this loan has to be approved, I was being pressurized so I resigned,'' Dinesh Dubey was quoted as saying by news agency ANI.

Dubey added that the scam, which started when Congress-led UPA government was in power, rose to 10-15 fold during BJP led NDA government.