The Congress on Tuesday alleged that a “culture of colossal corruption and cronyism flourished” under the NDA rule and wanted Prime Minister Narendra Modi to break his silence and provide an explanation for looting of the banking sector.
Addressing presspersons here, Randeep Singh Surjewala, in-charge, communications, AICC, alleged that “in the past 10 days alone, ‘Jan Dhan loot scams’ worth ₹31,691 crore have been exposed. “Dupe the banks, siphon off people’s money to foreign shores” is the buzzword under the Modi regime, he alleged.
Under the Modi government, the entire banking sector’s ‘risk management system’, ‘fraud detection ability’ and the ‘regulatory mechanism’ have been compromised. However, prior knowledge of PMO, ED, Ministry of Corporate Affairs, Serious Fraud Investigation Office (SFIO), and SEBI as also BJP governments of Maharashtra and Gujarat of the ongoing scam by ‘Modi-plus Choksi” has been established, the Congress leader alleged.
Mr. Surjewala wanted to know how jewellery businessman Nirav Modi/Mehul Choksi dupe the entire banking system through forged Letters of Understanding under the nose of Modi government. How was the entire system bypassed? How did the entire fraud escape the four stage audit system of banks - statutory audit, internal audit, concurrent audit & RBI audit? The Prime Minister should answers these questions and provide explanation to the people, he said.
