Pnb Scam -nirav Modi

Mehul Choksi's companies are accused of siphoning off Rs 7,080 crore through LoUs and FLCs, while Modi and his companies have allegedly cheated to the tune of over Rs 6,498 crore, according to the CBI.

India has compiled a list of people it is considering barring from leaving the country because of their involvement with companies that have defaulted on loans, a person with knowledge of the matter said.

The PNB scam has been dubbed as the biggest bank fraud in India's history.

Attacking Prime Minister Narendra Modi's over his "stern action" remark on bank fraud cases, Congress President Rahul Gandhi said that before taking any action he should first explain how the money was taken away from the bank under his government's nose.

Mehul Choksi's companies are accused of siphoning off Rs 7,080 crore through LoUs and FLCs, while Modi and his companies have allegedly cheated to the tune of over Rs 6,498 crore, according to the CBI.

India has compiled a list of people it is considering barring from leaving the country because of their involvement with companies that have defaulted on loans, a person with knowledge of the matter said.

The PNB scam has been dubbed as the biggest bank fraud in India's history.

Attacking Prime Minister Narendra Modi's over his "stern action" remark on bank fraud cases, Congress President Rahul Gandhi said that before taking any action he should first explain how the money was taken away from the bank under his government's nose.