PNB Scam: THIS IS WHY Rs 11,500 crore may never be recovered
ABP News Bureau
Updated at:
21 Feb 2018 08:18 AM (IST)
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PNB Scam: THIS IS WHY Rs 11,500 crore may never be recovered
Investigative agencies have been searching ways to recover the money that Nirav Modi and Mehul Choksi duped India of. But they have been able to calculate that the property owned by both of them is worth Rs 400 to 500 crore. So where would the rest of the money be recovered from?
This is why the agencies suspect that the duo owned Benami Property. If it is true then it would be difficult for the agencies to seize such property and recover the amount
Investigative agencies have been searching ways to recover the money that Nirav Modi and Mehul Choksi duped India of. But they have been able to calculate that the property owned by both of them is worth Rs 400 to 500 crore. So where would the rest of the money be recovered from?
This is why the agencies suspect that the duo owned Benami Property. If it is true then it would be difficult for the agencies to seize such property and recover the amount
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