Banking frauds | Congress, Opposition to raise questions in Parliament
The multi-crore PNB bank fraud and the Rotomac issue is set to rock the second leg of Parliament’s Budget Session with the Congress saying it would talk to other like-minded parties to demand answers from the government on the state of the banking sector in the country.
Congress spokesperson Manish Tewari said his party would not let go of the issues till the government gives a satisfactory response.
The second leg of the Budget Session of Parliament is slated to commence from March 5.
He said the Congress would demand answers from the government not just on the Rs 11,400-crore Punjab National Bank (PNB) fraud involving diamond merchant Nirav Modi and the Rotomac fraud issue, but on the credibility of the entire banking sector.
Tewari also termed the purported letter of Nirav Modi to PNB as “full of arrogance”, and said it insinuates in it that he would not return the money he owes. This arrogance, he said, comes as if he has an assurance from someone powerful at the helm of affairs that no harm will come to him.
“The second part of the Budget Session is starting and the Congress will talk to other parties which …read more