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Congress demands Modi's reply on bank fraud cases

IANS  |  New Delhi 

The on Tuesday said an RTI has revealed that frauds of Rs 19,317 crore have been reported in the country's capital alone in the last three years and demanded a reply from Modi.

The party said the governments of Modi and appear to have given a one-way-ticket to cheat and scoot.

"Shocking information available through RTI on February 9, 2018, reflects that under the BJP government's watch, frauds and scams of Rs 19,317 crore have been reported in India's economic capital -- Economic Offences Wing, -- alone in last three years," said

Citing the RTI reply, Surjewala said that in 2015 it was Rs 5,560.66 crore, in 2016 it was Rs 4,273.87 crore and in 2017 it was Rs 9,838.66 crore.

He said 'fleece, flee and fly' is the mantra of fraudsters under Modi's rule.

"Fraud, malfeasance, loot, cheating and swindling of banks and common people are getting unravelled every day, as the and Minister are on an indefinite 'maun vrat' (silence)," he said.

He said the fraud cases include of Baroda forex scam -- Rs 6,400 crore, Vijay Mallya scam -- Rs 9,000 crore, the combined loot by jewellers and -- Rs 22,606 crore, Yojana -- Rs 5,000 crore, in Rotomac scam -- Rs 3,695 crore, Dwarka Das Jewellers scam -- Rs 390 crore, Canara Scam -- Rs 515 crore, and Winsome loot scam -- Rs 6,712 crore with a total sum of Rs 54,318 crore.

"What is even more astonishing is that 184 accused in these scams and frauds have escaped.

"Time to tell the people as to how many fraudsters have already left for foreign shores and tax heavens.

Even more inexcusable is the fact that of Rs 19,317 crore, a pittance of Rs 2.50 crore could be recovered. demands switch from 'Nirav' Modi (silent Modi) to 'Bol' Modi," said the leader.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, March 06 2018. 21:58 IST
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