Via PTI
NEW DELHI: The Congress on Friday stepped up its assault at the BJP executive asking why the high minister and the finance minister have been silent at the giant banking fraud of Rs 22,842 crore by means of ABG Shipyard.
The opposition birthday party additionally requested why Rishi Agarwal, the promoter of the Gujarat-based corporate, have been no longer arrested until date.
Congress spokesperson Gourav Vallabh alleged that Top Minister Narendra Modi had promised to make India’s financial system of USD 5 trillion however as a substitute gave the rustic financial institution frauds of Rs 5.35 trillion within the remaining 7.5 years.
He claimed that consistent with an RTI answer by means of the RBI, restoration fee in 2020-21 of those frauds is 0.7 in keeping with cent. He additionally claimed that the common day by day loss to the banking trade because of frauds used to be Rs 195.5 crore.
“After Rs 22,842 crore of public cash used to be swindled, the convenience of committing fraud within the nation is the brand new scheme introduced by means of the Modi executive for financial institution fraudsters,” he advised newshounds.
Vallabh stated the largest financial institution fraud of Rs 22,842 crore came about beneath the Modi executive and after a 5 12 months lengthen, the CBI in the end registered an FIR on February 7, 2022, towards ABG Shipyard, owned by means of Agarwal and others, for duping 28 banks.
“The Modi executive is operating ‘Loot and Get away’ and ‘ease of committing fraud’ as a flagship scheme for financial institution fraudsters.
The fraudsters’ lists come with Nirav Modi i.e. Chhota Modi, Mehul Choksi, Ami Modi, Neeshal Modi, Lalit Modi, Vijay Mallya, Jatin Mehta, Chetan Sandesara, Nitin Sandesara and lots of others, and Rishi Agarwal and others are the brand new entrants within the record of fraudsters.
“Why are the PM and the FM mum on India’s largest banking fraud of Rs 22,842 crore? Why has Rishi Agarwal, the promoter of ABG Shipyard, no longer been arrested until date,” the Congress chief requested.
He additionally wondered the standing of Agarwal’s citizenship and why the RBI is behaving as a trifling spectator with none motion.