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