PNB(Punjab National Bank) is one of the top rated bank all over the India but suddenly it turn around with Nirav Modi the scam of recent case of Nirav Modi who is suspect for 11400 CR scam in PNB.
Do you know who Nirav
Modi is?
Nirav Modi belongs to Mumbai and dealing in Diamonds all
around the world. Nirav Modi is a man with diamond who deals with diamond and
having many diamond outlets across the countries including two other boutique
launches in Hong Kong in 2016. Recently he had an inauguration of new
diamond show room. Nirav Modi was the first Indian jeweler to have been
featured on the covers of Christie’s and Sotheby’s Catalogs. In 2013 Nirav Modi
has been featured in Forbes list of Indian billionaires. Nirav Modi
was has a enough popularity in the industry where he no need any introduction and
capable to make thing better in the diamond industry.
Image Credit: www.deccanchronicle.com
According to the Forbes Nirav Modi has a net worth of
$1.8 B
What happen to him?
Indian government's
Central Bureau of Investigation (CBI) launched an investigation into Nirav Modi.
Few days ago Nirav Modi identified as a biggest culprit of the PNB scam who
suppose live like a king is now suffering from the Police and anti fraud departments
officers. According to the Wikipedia PNB has reported approx 280 cr. Has been defrauded
the bank with help of some of Nirav Modi Partner and some officer from
the PNB.
Punjab National Bank has an allegation on Nirav Modi that he
fraudulently obtained Letters of Undertaking worth $1.8 billion CBI is in run
to hold Nirav and his partner and the tea is on the toe to get the case close
and start the recovering process by selling his property.
Rahul Gandhi twitted
and express his view on this case which say they offenders have leverage for
doing such thing and move to foreign. Each political party showing anger on the
case which is fair point at the other side BJP has taken a strict action
against Nirav Modi and start raiding on Nirav’s house, showrooms where he found
approx 500CR plus items also the government is not going to stop here 3 more
offenders has been arrested by the CBI till date
We do have to raise our hand and keep our eyes open for such
kind of people who are pushing back to India and don’t let Indian grow as
developed country. It’s sad that the amount which must be distributed is
holding someone else who really doesn’t need it.
Information source: Wikipedia, Times
of India, TV Media.
People are around the world have a believe that India has a
strong country however the thing is India digged by its own people like Nirav,
Lalit Modi,Vijay Malay.
If you can make yourself correct there is no need to have such
strict rules to be safe, unfortunately the society is busy in their day today
jobs. Where our Indian Army soldiers sacrificing their family, friends, life
and many things for this country. It’s time to take up some serious even small
step toward to the make this country established, corruption free along with
happy people.
At the end we believe that CBI will get all the offenders
involve in this case and get the case resolved by getting them back to the bars
of Jail and justice will happen.