Supreme Court dismisses PIL seeking SIT probe into PNB Scam against Nirav Modi

supreme court 1

New Delhi, July 3: The Supreme Court on Monday dismissed a PIL seeking SIT probe into the multi-crore Punjab National Bank Scam against diamantaire Nirav Modi.

Attorney general KK Venugopal submitted to the Apex Court that the plea has made baseless allegations against Prime Minister Narendra Modi and Finance Minister Arun Jaitley.

The petitioner Advocate ML Sharma said that the SIT would be the competent authority to probe into the scam in which Nirav Modi is the accused.

Nirav Modi is reportedly living in London’s Mayfair, where he is claiming political asylum.

His wife Ami, brother Nishal, and uncle Choksi, Gitanjali group’s promoter, had also fled the country in the first week of January.

For those unversed, the PNB unearthed the multi-crore scam this year in February, wherein Nirav and business-partner Mehul Choksi had allegedly defrauded the public sector lender to the tune of USD 2 billion, with the purported involvement of a few employees of the bank.


Related Posts