Lok Gathbandhan Party criticises NDA govt for failing to nab Nirav Modi, Mehul Choksi

Urban Mirror Correspondent

New Delhi, January 22: The Lok Gathbandhan Party (LGP) today said that even after lapse of one year the NDA government has failed to bring back Punjab Bank looters Nirav Modi and Mehul Choksi. The LGP said that Mehul Choksi has now surrendered his Indian passport which will further complicate his extradition from Antigua.

The spokesman of the party said here on Tuesday that statement of BJP Ministers about bringing back these looters is just for political consumption as the government doesnot seem serious in the case which is reflected in haphazard functioning of the investigating agencies. The spokesman said the NDA government has enacted the Fugitive Economic Offenders law to empower probe agencies but it has not helped in any way. The spokesman said the law is more a political propaganda than a tool for action against PNB scam accused. The spokesman said report indicated how Punjab bank officers flouted norms to help the scamsters Nirav Modi and Choksi that led to loot of Rs 13000 crore from the bank. The spokesman said that with extremely slow pace in investigation it would be difficult to bring back these criminals to India and ensure a strict punishment. The spokesman said that both the criminals have repeatedly made it clear to the CBI that they will not return to India as they are busy in their business abroad. It is strange that despite Interpol alert both fugitives are roaming around the world and doing business which indicated that the CBI and enforcement directorate are either helpless or politically under pressure to go slow in the case to fade the issue from the memory of the people, as has happened in the past in such corruption issues, the spokesman said.

The spokesman said that the banking sector has been facing dire crisis because of its massive fraudulent activities. The spokesman said the fraud has amply exposed weaknesses in the bank’s security system and maintenance of its records. The spokesman said that about 13,000 crore PNB fraud, the largest ever in the banking sector, indicated the sector has failed to evolve a fool proof safeguard. The spokesperson said the banking sector in collusion with the politicians and businessmen has virtually pushed the whole financial system to the collapse.

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