ID :
127065
Thu, 06/10/2010 - 07:52
Auther :
Shortlink :
https://www.oananews.org//node/127065
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Delhi court summons Citi chief Pandit in credit card case
New Delhi, Jun 9 (PTI) Vikram Pandit, credited for
resurrecting US-based Citigroup, has been issued a summons by
a court here for the bank's alleged demand of Rs 53,000 from a
customer for a credit card cancelled six years ago.
Hearing a complaint from a doctor, a local court
ordered on May 31 that a summons be issued against Pandit, who
was appointed CEO of the troubled bank nearly three years ago,
and posted the matter for hearing on December 24.
"Issue summons against the accused (Pandit) for
December 24, the next date of hearing," Metropolitan
Magistrate Saurabh Pratap Singh Laler said.
Incidentally, Pandit, who was tasked with the onus of
reviving the financial group, had announced last year that he
would take only USD 1 as salary till the group turned
profitable which it did in the first quarter of 2010.
The court order came on the complaint of Rakesh
Srivastava, an Associate Professor and Senior Plastic Surgeon
with the Safdarjung Hospital, alleging the officials of Citi
Bank had been harassing him and his wife for non-payment of
dues of Rs 53,048 towards the usage of credit cards which have
already been cancelled at his request. PTI
resurrecting US-based Citigroup, has been issued a summons by
a court here for the bank's alleged demand of Rs 53,000 from a
customer for a credit card cancelled six years ago.
Hearing a complaint from a doctor, a local court
ordered on May 31 that a summons be issued against Pandit, who
was appointed CEO of the troubled bank nearly three years ago,
and posted the matter for hearing on December 24.
"Issue summons against the accused (Pandit) for
December 24, the next date of hearing," Metropolitan
Magistrate Saurabh Pratap Singh Laler said.
Incidentally, Pandit, who was tasked with the onus of
reviving the financial group, had announced last year that he
would take only USD 1 as salary till the group turned
profitable which it did in the first quarter of 2010.
The court order came on the complaint of Rakesh
Srivastava, an Associate Professor and Senior Plastic Surgeon
with the Safdarjung Hospital, alleging the officials of Citi
Bank had been harassing him and his wife for non-payment of
dues of Rs 53,048 towards the usage of credit cards which have
already been cancelled at his request. PTI