In last few days, almost daily one new scam is coming into the light. One more jeweler is booked by CBI in an alleged case of fraud. Congress President Rahul Gandhi took potshot at Modi led government at the center. He said the promoter of Dwarka Das Seth International, who was booked by the CBI for an alleged fraud of Rs 389.85 crore towards Oriental Bank of Commerce, operated with the same modus operandi of fake LoUs as Nirav Modi.
He mocked Prime Minister Narendra Modi and tweeted,”Under Modi Ji’s ‘Jan Dhan Loot Yojana’, another scam!390 Crore, involving a Delhi based jeweller. Same Modus operandi as Nirav Modi. Fake LOU’s. Predictably, like Mallya and Nirav, this promoter too has disappeared while the Government looked the other way.”
Rahul used ModiRobsIndia as a hashtag to target BJP. Gandhi has been using this hashtag since a long time. The CBI on Friday booked Dwarka Das Seth International Pvt Ltd for an alleged bank loan fraud of Rs 389.85 crore towards Oriental Bank of Commerce. Six months after the public sector bank filed a complaint with the CBI, the agency booked the company, and Sabhya Seth, Reeta Seth, Krishna Kumar Singh, Ravi Singh — all directors of the firm — and another company named Dwarka Das Seth SEZ Incorporation.
The company has availed various credit facilities from OBC between 2007-12, which swelled to Rs 389 crore during the period.