NDA government's alertness has brought scams like PNB fraud into light: Modi government
ABP News Bureau
Updated at:
16 Feb 2018 05:36 PM (IST)
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BJP today organised a Press Conference where it clarified its stand on PNB Scam. Union Minister Prakash Javdekar said,"The scam which has come into light is a scam of the UPA Govt. This started during UPA's reign in 2011'.
He further said that the difference between a Banking fraud and a scam involving the government can be seen in all the scams that took place during UPA government like Coal scam. It happened under the signed documents by then Prime Minister Dr Manmohan Singh. All the NPAs, the wrongful distribution of loans, amongst others were all passed down to BJP by the UPA Govt. This is a scam by the bank & not the government.
"This is a fraud at the Bank's level. The government has acted swiftly by revoking Nirav Modi's passport and seizing properties of more than Rs. 5,100 crore as soon as the matter came to its notice", he added.
He further said that the difference between a Banking fraud and a scam involving the government can be seen in all the scams that took place during UPA government like Coal scam. It happened under the signed documents by then Prime Minister Dr Manmohan Singh. All the NPAs, the wrongful distribution of loans, amongst others were all passed down to BJP by the UPA Govt. This is a scam by the bank & not the government.
"This is a fraud at the Bank's level. The government has acted swiftly by revoking Nirav Modi's passport and seizing properties of more than Rs. 5,100 crore as soon as the matter came to its notice", he added.
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