New Delhi, Feb 19: A petition has been filed in the Supreme Court on Monday over the Punjab National Bank (PNB) fraud case involving billionaire diamond merchant Nirav Modi. The petition has been filed by Vaibhav Khuraniya seeking an Special Investigation Team (SIT) probe into the Rs 11,400 crore PNB fraud. He claimed that he was duped by Nirav Modi’s aide Mehul Choksi. (Also Read: PNB bagged 3 vigilance excellence awards in past 3 years)
“We had invested in Gitanjali and met Mehul Choksi in the process. We opened a store, within 1-2 months we realised that the company is in bad shape. Our store was shut down within 3-4 months. The company duped us & stole our stock worth Rs 80 Lakh,” said Khuraniya.
“The drama had begun in 2013 and fraud started back in 2011-12. We had informed CBI, SEBI, EOW, ED, had they been alert on time he wouldn’t have escaped. However we had this intuition that he is bribing his way out & matter isn’t reaching to higher authority,” he added.
Meanwhile, the CBI carried out searches at the MCB Brady House branch of the fraud-hit Punjab National Bank in Mumbai from where the fraudulent transactions were allegedly carried out.
The Enforcement Directorate (ED), which continued its probe in Rs 11,400 crore alleged fraud, conducted raids at Gitanjali and Nakshatra showrooms in Pune, Kolkata and Delhi. The ED had on Sunday and Saturday, too, conducted raids at 45 locations across 15 cities in connection with the PNB fraud case involving Nirav Modi, who is reported to have fled the country.
Modi, Choksi and others are being investigated by multiple probe agencies after the fraud recently came to light, following a complaint by the PNB, that they allegedly cheated the nationalised bank to the tune of Rs 11,400 crore, with the purported involvement of a few employees of the bank.