Arun Jaitley: Nirav Modi got 1,213 fraudulent guarantees in six years
In a written reply to a question in the Rajya Sabha, Jaitley said the last fraudulent LoU was issued on May 23, 2017. During these six years, 53 genuine (non-fraudulent) LoUs were also issued to Nirav Modi Group - the first being on March 5, 2011 and last on November 6, 2017, he said.
Jaitley said "PNB Head Office received a report suspicious outstanding unauthorised transactions from Circle Office, Mumbai on January 23, 2018." Image source: IANS