http://www.straitstimes.com/asia/so...er-fire-after-26-billion-fraud-at-state-owned
India PM Modi's anti-graft image under fire after $2.6 billion fraud at state-owned bank
Indian Prime Minister Narendra Modi (bottom row, centre) posing for a group photograph with Indian chief executives, including billionaire jeweller Nirav Modi (middle row, third left) at the World Economic Forum in Davos. PHOTO: AFP
Published
Mar 19, 2018, 4:52 pm SGT
NEW DELHI (BLOOMBERG) - Shortly after a US$2 billion (S$2.6 billion) bank fraud was uncovered last month (February) at India's state-owned Punjab National Bank, a picture emerged of Prime Minister Narendra Modi with the alleged fraudster.
The photo showed PM Modi posing at the World Economic Forum in Davos on Jan 23 with a large business delegation that included billionaire jeweller Nirav Modi, who is at the centre of the unfolding scandal.
India PM Modi's anti-graft image under fire after $2.6 billion fraud at state-owned bank
Indian Prime Minister Narendra Modi (bottom row, centre) posing for a group photograph with Indian chief executives, including billionaire jeweller Nirav Modi (middle row, third left) at the World Economic Forum in Davos. PHOTO: AFP
Published
Mar 19, 2018, 4:52 pm SGT
NEW DELHI (BLOOMBERG) - Shortly after a US$2 billion (S$2.6 billion) bank fraud was uncovered last month (February) at India's state-owned Punjab National Bank, a picture emerged of Prime Minister Narendra Modi with the alleged fraudster.
The photo showed PM Modi posing at the World Economic Forum in Davos on Jan 23 with a large business delegation that included billionaire jeweller Nirav Modi, who is at the centre of the unfolding scandal.