New Delhi, Feb 16: A former director of state-run bank Allahabad Bank Dinesh Dubey on Friday alleged that Punjab National Bank Scam of Rs 11,300 crore started unfolding during United Progressive Alliance (UPA) tenure but it snowballed during NDA’s term. Dubey added that he was pressurised to approve a loan of one of the accused in the scam Mehul Choksy despite his reservations.Also Read - Fugitive Nirav Modi's Key Associate Subhash Shankar Brought To India From Egypt: CBI Sources

“This scam that started during the UPA government has today during the NDA government become 10-50 times bigger,” ANI quoted Dubey as saying. Also Read - Punjab National Bank Reports Fraud Of Rs 2,000 Crore In IL&FS TN Power Co. Ltd. Account

“I had sent a dissent note against Gitanjali Gems to the government and RBI in 2013 but to no avail. I was directed that this loan has to be approved. I was being pressurised so I resigned,” said Dubey. Also Read - UK High Court To Hear Fugitive Diamantaire Nirav Modi's Extradition Appeal Today

Earlier, Bengaluru based jeweller Hari Prasad SV had also alleged he had complained to the Enforcement Directorate but to no avail. “Wrote to PMO in 2016 requesting them to undertake detailed investigation in the matter after we did not get any response from ED, CBI, SEBI, and Ministry of Corporate Affairs. Later, I got a mail from RoC that my case is closed,” he told ANI.

“As per the agreement, he was supposed to give us gold worth Rs 10 crore but he gave us gold worth Rs 5 crore only. We finally filed two FIRs against him,” added Prasad.