associate sponsors

Llyod
HDFC

PNB scam: Mamata Banerjee calls for thorough probe, says more banks are involved

Kolkata: West Bengal chief minister Mamata Banerjee on demanded a thorough probe into the Punjab National Bank (PNB) fraud case alleging other banks are also involved in the scam.

File image of West Bengal chief minister Mamata Banerjee. PTI

File image of West Bengal chief minister Mamata Banerjee. PTI

Claiming that the over Rs 11,000 crore PNB scam involving billionaire jewellery designer Nirav Modi was only a fraction of a mammoth fraud on the Indian banks, Banerjee asserted that it took place during demonetisation.

"Big money laundering happened during demonetisation. There are more banks involved. The full truth must come out," the Trinamool Congress supremo said in a tweet.

The BJP-led NDA government had demonetised Rs 500 and Rs 1,000 notes on 8 November, 2016 in a bid to curb circulation of black money.

Alleging that key officials were changed in some banks during demonetisation, the chief minister also demanded an investigation into the people who replaced them and those involved in effecting the transfers or removals.

A huge political slug-fest is on between the BJP and the Congress over the PNB scam with both parties blaming each other for allowing Nirav Modi and his associates in the fraud to flourish during their respective tenure.

The BJP is rapidly emerging as a strong Opposition in West Bengal, where the Trinamool Congress secured a second term in the 2016 Assembly elections.


Updated Date: Feb 18, 2018 15:07 PM

Also Watch

Watch: The true stories from Dharavi that inspired Rajinikanth's Kaala
  • Thursday, March 8, 2018 Watch: Cyrus Khan talks about Parkour, jumping across walls and why he hates sitting
  • Thursday, May 31, 2018 Unwind: India's basketball sensation Amjyot Singh has his eyes set on becoming an NBA regular
  • Monday, May 28, 2018 First Day First Showsha — Review of Solo: A Star Wars Story in 10 questions
  • Saturday, May 19, 2018 Social Media Star: Rajkummar Rao and Bhuvan Bam open up about selfie culture, online trolls

Also See



{if $hideJSforEU != 'yes'} {/if}