Nirav Modi writes to PNB,Our brand takes a hit cant pay loan

New Delhi Feb 20: A Bigger scam has been identified in recent days and the Massive default of loan of Rs 11400 Cr by Jeweler Nirav Modi to Punjab National bank has shaken the nation. Currently, many agencies are investigating the case.

The Mastermind in the scam Nirav Modi has written a letter of PNB bank and has blamed them for going public against the fraud.He has said that Our business has taken a Hit and we are not able to pay the loans.

He has also said that our Brand has taken a hit and you have closed all the ways in which I can pay back your loan and the media reports are false.