Bigger than Mallya and Satyam, Nirav Modi 'ran away' on Jan 1; will he pay us back billions?

NewsX 2018-02-16

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Another scam has rocked the country and this time one of India's biggest public sector banks Punjab National Bank has accused Jeweler Nirav Modi of a massive fraud amounting to around Rs 11,400 crore. In a stern warning to those involved in the Rs 11,400-crore fraud at PnB, the government said that regardless of stature or status, shall not be spared. While the Congress and TMC have slammed Centre over the fraud. Meanwhile, Nirav Modi has already left the country on January 1. It remains to be seen that what steps will now be taken to bring Nirav Modi back?

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