Congress taunts PM Narendra Modi over Nirav’s letter to Punjab National Bank

The Congress taunted, saying fugitive diamond merchant Nirav Modi’s letter accusing Punjab National Bank of having destroyed his brand.

Published: 21st February 2018 06:30 AM  |   Last Updated: 21st February 2018 06:58 AM   |  A+A-

Prime Minister Narendra Modi | PTI

Express News Service

NEW DELHI: What will Prime Minister Narendra Modi and Finance Minister Arun Jaitley do now? the Congress taunted on Tuesday, saying fugitive diamond merchant Nirav Modi’s letter accusing Punjab National Bank (PNB) of having destroyed his brand by making the fraud public, smacked of arrogance.

“The letter submitted by Nirav Modi is full of arrogance. He insinuated in his letter that he won’t return the money he owes as debt. Does the government know his whereabouts? Will the PM and the FM tell us what action will they take now,” Congress spokesperson Manish Tewari said.

Tewari added that only someone who was aware that his political masters would protect him could write such a letter. He urged the government to make public the details of non-performing assets (NPA) of all big corporates as of December 31, 2017. “It is not about a company but extends to the credibility of the banking sector. People who have put their hard-earned savings in public sector banks are concerned over the safety of their money,” said Tewari.

Making it clear the Congress will not take pressure off the government over the PNB scam, Tewari said the issue was set to rock the second half the Budget Session of Parliament from March 5 to April 6.

“We will raise the bank fraud in the coming session and seek answers from the government,” said Tewari, adding that it was strange that while the Defence and Human Resource Development ministers had come out to argue for the government, the finance minister had not been heard so far.

“If the government has the courage of conviction, let them release information regarding total NPAs and list of defaulters. Has the Income Tax Department or Enforcement Directorate questioned the person who has made the entries of these loan sanctions?” added Tewari.

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