PNB Scam row: Bank’s commercial transaction portrayed as scam, says Nirav Modi’s lawyer

Updated:9 months, 3 weeks ago IST

Mumbai (Maharashtra), Feb 21 (ANI): Advocate of Nirav Modi Vijay Aggarwal said on Tuesday that the Punjab National Bank (PNB) scam issue is the bank’s commercial transaction which is being portrayed as a scam. Lawyer Vijay Aggarwal said, “The entire matter was in knowledge of the bank. Bank took commission of crores of rupees but now they are not accepting it. It was a commercial transaction of the bank which is now portrayed as a fraud.” He added that CBI itself represented that at the moment, the amount is Rs 280 crores, which may go up to Rs 5,000 crores.

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