Modi finally broke his silence on PNB Scam

New Delhi, Feb 23: Breaking his silence over the massive PNB scam, Prime Minister Narendra Modi on Friday said that the government will take strong action against those indulging in financial irregularities and asked supervisory agencies responsible to do their job to prevent such frauds.

He also warned that his government will not tolerate embezzlement of public money.

"Those entrusted with the responsibility of ensuring rules and ethics in various financial institutions, should work with full dedication - especially those who are responsible for supervising and monitoring," Modi said while addressing a gathering at Economic Times Global Business Summit.

He made it clear that the government would take strict action against irregularities in financial matters.