Farmers protest: Banks give crores to Nirav Modi, what about us? updates

Nirav Modi had acquired land of the farmers by conning them

As many as 107 companies and seven limited liability partnerships (LLPs) are under the scanner following the billion dollar scam unearthed by Punjab National Bank (PNB).

Furthermore, investigation of the select companies, as per the provisions of Section 212(1)(c) of the Companies Act, 2013 and Section 43(3)(c)(i) of Limited Liability Partnership Act, 2008, will be carried out by the Serious Fraud Investigation Office (SFIO), Minister of State (MoS) for Corporate and Law and Justice, P.P. Chaudhary, said in Lok Sabha on Friday.

The minister further noted that investigation of these companies belonging to billionaire businessman Nirav Modi (Firestar Diamond group)