What is the 'Nagarwala scandal' that shook the nation in 1971

On 24 May, 1971, Ved Prakash Malhotra, the chief cashier of the Parliament Street branch of the SBI received a call on his office landline. The voice on the other end introduced himself as PN Haksar, the secretary of the then prime minister Indira Gandhi. A voice "mimicking" the PM herself also spoke to Malhotra, who ended up handing over Rs 60 lakh in cash to one Rustom Sohrab Nagarwala based on that conversation. Soon, Malhotra found that he had been "duped". Senior journalists Prakash Patra and Rasheed Kidwai, authors of the HarperCollins India publication 'The Scam That Shook A Nation - The Nagarwala Scandal', are in conversation with ThePrint Special Correspondent Sourav Roy Barman in this episode of the #SoftCover
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[@sudhirnegi6008]

The IO dies in an accident, the perpetrator dies in custody, his conviction trial takes only 10 minutes, is conducted in camera. Nagarwala requested a retrial. A file goes missing. And authors take it as a straightforward case is amusing. And was Nagarwala really a mimic? His friends and relatives and acquaintances could have confirmed. Was there ever a investigation on this. No answers mean it was a cover-up.

[@badshahshah4611]

This is most lousy presentation ever presented. Clearly the authors hv done no research, hv no knowledge of who Nagarwala actually was, & this system of withdrawing cash on verbal
Instructions fm SBI’s specified branches in delhi, Bombay & Calcutta was a usual
Practice. The episode itself has been wiped clean out of official record /public memory. This saga has a story to tell.
Unfortunately you suck at telling it the way it is. ⚓️⚔️🇧🇴