As yet another bank fraud came to light, the Congress on Saturday got enough ammunitions to attack the Modi Government on a series of bank scams. While the party attacked the Centre for another Rs 390 crore OBC (Oriental Bank of Commerce) scam that has emerged, Congress chief Rahul Gandhi hit out at Government alleging that the scamsters have been disappearing while the Government looked the other way.
Rahul said the promoter of Dwarka Das Seth International, who was booked by the CBI for an alleged fraud of Rs 389.85 crore towards Oriental Bank of Commerce (OBC), operated with the same modus operandi of fake loUs as Nirav Modi.
“Under Modi Ji’s ‘Jan Dhan loot Yojana’, another scam! 390 Crore, involving a Delhi based jeweller. Same Modus operandi as Nirav Modi. Fake lOU’s. Predictably, like Mallya and Nirav, this promoter too has disappeared while the Government looked the other way,” Rahul tweeted.
At a press conference, former Union Minister Kapil Sibal said that if question is raised on banking system, it impacts the country’s economy and affects investment as international trade is done through banking system. Referring to the alleged 2G scam during the UPA Government, Sibal said, “It was 2G, but from now, we are going to call this (PNB scam) Nimoji.”
“Country has faced a loss of around Rs 21,000 crore as of now and other banking frauds will also come out in a few days. Another Rs 390 crore OBC (Oriental Bank of Commerce) scam has also emerged,” senior Congress leader and former Union Minister Kapil Sibal said and sought to know why people like Nirav Modi, who were indulging in banking scam, were “allowed to escape the country”.
Demanding a thorough probe by the RBI into the alleged Rs 11,400 crore PNB fraud, the Congress said the Prime Minister should assure the nation that accountability of the Finance Ministry, the Reserve Bank of India and the management of defaulting banks would be fixed within 60 days.
“I am surprised that despite our Prime Minister being the most expensive ‘chawkidar’ (watchman), why are all these (banking frauds) happening under his nose,” Sibal said taking a swipe at Prime Minister Narendra Modi over his refrain during poll rallies that he would act as a watchman for the country.