New Delhi, June 25: Congress on Monday revealed another bank scam amounting to Rs 7000 crore involving Faridabad -based SRS group under the Modi government. Also accused the Centre of jeopardizing 38 Crore LIC policyholders by forcing it to purchase the failing IDBI bank.
Addressing media, Senior Congress Randeep Singh Surjewala said “Today we are presenting another bank scam worth Rs 7000 Crore. Criminal conspiracy and fraud by Faridabad-based company SRS Group, has resulted in 113 cases registered against them”.
“Whistleblowers have presented a list of 251 shell companies of SRS group were used for money laundering”.
Surjewala accused the Centre of not taking any action against the Faridabad based group.
“Despite complaints, no government agency, including Prime Minister Office, has taken action against this group”, he stated.
Why did the banks not refer the matter of huge default by SRS Group to CBI/ED/RBI or other agencies, despite all the loans became NPA by the end of FY 2015-16, Surjewala asked.
Taking a jibe at the Centre, he said Looting tax payers’ money has become Modi government’s ‘Takiya Kalam’.
Besides this, the Congress leader said that Central government is also jeopardizing 38 Crore LIC policyholders by forcing it to purchase the failing IDBI bank, despite it being worst performing public sector bank.
Banking scams under Modi government has now crossed Rs 70000 Crore. How will PM Modi recover this money from the fraudsters?, Congress leader poised a question.