PNB fraud – This is a case to punish public servants and bankers, Nirav Modi and Choksi are just a tool of powerful mastersby Admin ROI October 1, 2018 0 comments
Is it late or the inaction was deliberate to facilitate safe exit to Nirav Modi and Choksi? ED has attached the assets of fugitive billionaire Nirav Modi in India and abroad. Asset includes flats in Mumbai and New York, bank accounts and jewelry worth hundreds of crore. But will PNB can recover 13500 crore, the answer is NO. The public money is transferred to a safe destinations. The successive governments have failed to perform their duty of being custodian of the public money under oath, so there is a criminal liability against the people sitting in the seat of power (Ministry of finance & RBI): all of them must be punished for the criminal breach of public trust. The Modi government must bring a white paper on the NPA crisis and prosecute the culprits because the Prime Minister has admitted in the floor of the Parliament that NPA is the biggest loot of the century that promoted crony capitalism and it destroyed the banks in India.
Opinion Express Team