Sensible Indians often rue the fact that invaders from prehistoric times have plundered our precious belongings while ravaging our heritage keeping long and imperishable impact in our country’s soul. Our ancestors gave their blood and sweat towards making this country free from foreign rulers and making it a better place for living for us. Alas! They never had dreamt of this breed of ostensible Indians, mastering the craft of fleecing fellow countrymen, else they’d have got dejected with the current scenario. Financial frauds are not new to India. The largest being when government owned UCO bank was found to defrauded $3.2 billion (More than Rs.20,000 Crore). The act of Nirav Modi, his uncle and ally Mehul Choksi, along with some devious bank employees of Punjab National Bank have scored the second largest financial scam in the country. The PNB is the second largest money lender in the country and yet the wa...
From my viewpoint - Alok Halder