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11000 Crore PNB Fraud: Nirav Modi = Vijay Mallya 2.0?

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  • Published On: February 15, 2018
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India's second largest public sector bank has been hit by the biggest banking fraud as billionaire Nirav Modi has been accused of defrauding the Punjab National Bank or PNB of a whopping Rs 11,000 crore. Raids by investigators and a blamegame by opposition parties has followed. But the accused have all fled the country. Are we seeing the repeat of the Vijay Mallya saga?
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