No meeting took place between Prime Minister Narendra Modi and Nirav Modi in Davos, said sources on Thursday.
Punjab National Bank (PMB) has filed two financial fraud complaints of Rs. 11400 crore and Rs 280 crore against Nirav Modi, a billionaire celebrity jewellery designer.
"No official business delegation travelled with PM Modi. There was no meeting between Nirav Modi and PM Narendra Modi in Davos, it was just a photo opportunity at an event," said sources.
The Congress targeted Prime Minister Modi for allowing PNB fraud-accused Nirav Modi to be part of the Indian business delegation at Davos.
Congress President Rahul Gandhi tweeted: "Guide to Looting India by Nirav MODI. 1. Hug PM Modi 2. Be seen with him in DAVOS Use that clout to: A. Steal 12,000Cr B. Slip out of the country like Mallya, while the Govt looks the other way. From1MODI2another."
The Congress said the Prime Minister should speak on the "biggest banking loot of the past 70 years" and explain how the designer was allowed to flee despite PNB writing to the CBI on January 29 this year to issue a look-out notice against Modi.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
