Explorer

PNB Scam: Former Allahabad Bank Director says scam started under UPA, grew 50 folds during NDA

Dinesh Dubey also said that he was being pressurized to give loan so he resigned

NEW DELHI: A former official of the Allahabad Bank on Friday alleged that the Nirav Modi scam started during the UPA government. The official, Dinesh Dubey, said, "I had sent a dissent note against Gitanjali Gems to the Govt and RBI in 2013 but to no avail, I was directed that this loan has to be approved, I was being pressurized so I resigned.     Commenting on Dubey’s statement, Rajiv Takru, Former Banking Secy said, "I met this person only once in my life.He had come to my office to resign in 2013. The reason for resignation was that he was unhappy over something. I accepted his resignation. I have never spoken to him."   On Friday, External Affairs Ministry suspended with immediate effect the passports of diamantaire Nirav Modi and his business partner Mehul Choksi. The Ministry of External Affairs (MEA) also said that it is "not aware" of businessman Nirav Modi's location at the moment. Meanwhile, the Enforcement Directorate and Central Bureau of Investigation have been conducting regular searches and raids. So far they have seized property worth Rs 5,100 crore. On Wednesday, Punjab National Bank had detected fraudulent transactions of Rs 11,500 crore in one of its Mumbai branches and has filed a complained against Nirav and others to the CBI. Nirav Modi was initially charged last month with causing a wrongful loss. The other partners who were allegedly involved in fraudulent transactions were Nirav's wife Ami, brother Neeshal and maternal uncle Mehul Choksi, who owns Gitanjali Gems.
View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headline

'Have To Save Our Families': PM Modi Blasts DMK Over Drug Busts In TN, Says 'BJP Enough To Fight Menace'
PM Modi Blasts DMK Over Drug Busts In TN, Says 'BJP Enough To Fight Menace'
Will Sunita Kejriwal Become Delhi CM? Know Delhi Minister Atishi's Response At ABP Shikhar Sammelan
Will Sunita Kejriwal Become Delhi CM? Know Delhi Min Atishi's Response At ABP Shikhar Sammelan
Mukhtar Ansari Death: UP Court Orders Probe After Son Claims Father 'Poisoned' In Jail — Top Points
Mukhtar Ansari Death: UP Court Orders Probe After Son Claims Father 'Poisoned' In Jail — Top Points
'BJP Should Pay Rs 4,600 Crore': Congress Slams Income Tax Dept, ECI After Getting Rs 1,700-Crore Notice
'BJP Should Pay Rs 4,600 Crore': Congress Slams Income Tax Dept, ECI After Getting Rs 1,700-Crore Notice
Advertisement
for smartphones
and tablets

Videos

Emotional Yet Fun Video Featuring Kapil Sharma, Tabu & Rhea Kapoor, Sharma To Star In 'Crew'ABP Shikhar Sammelan 2024: Anurag Thakur's counterattack to opposition over electoral bondsABP Shikhar Sammelan 2024: Why did BJP canceled tickets of more than 100 sitting MP's?|Anurag ThakurABP Shikhar Sammelan 2024: Anurag Thakur's gets angry on TMC-Congress over remarks on Kangana Ranaut

Photogallery

Embed widget