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The Nirav Modi scam, one of India’s largest financial frauds, unfolded in 2018 when billionaire jeweler Nirav Modi, along with his family and associates, allegedly defrauded Punjab National Bank (PNB) of over $2 billion. Modi and his accomplices purportedly obtained fraudulent letters of undertaking (LoUs) to secure credit from other banks, using these funds for personal gain and to sustain his luxury lifestyle. The scandal rocked India’s banking sector, revealing systemic vulnerabilities and prompting widespread scrutiny of regulatory oversight and corporate governance practices.
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Reference: https://docs.google.com/document/d/1N5R76sATf29ey5SglGBr1246c49L4oOGqi34sH7o_Yg/edit?usp=sharing
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About the Channel:
Nitish Rajput firmly believes that there are adequate tools available online, and people can be brought together, informed, and educated collectively.
Social media and the Internet have the power to create any narrative but this channel will use the same to curate a healthy, informative narrative that can genuinely benefit people in forming an opinion that is backed by facts and uncompromised information without any bias. Nitish Rajput wants to empower and facilitate people to challenge atrocities and become more vocal about issues plaguing Indian society.
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Book: The Broken Pillars of Democracy by Nitish Rajput
Hindi: https://amzn.to/3EWahol
English: https://amzn.to/3t7ROmJ
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Social Links:
Instagram: https://www.instagram.com/nitishrajpute​
Twitter: https://www.twitter.com/nitishrajpute​
Facebook: https://www.facebook.com/nitishrajpute​
Youtube: https://www.youtube.com/nitishrajput
Second Channel: https://www.youtube.com/@nitishrajputshorts
Website: https://www.nitishrajput.com
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🎧 Listen to my podcast “Nitish Rajput Podcast” on Spotify: https://open.spotify.com/show/4IRmcxkSPkYQcWUleBh71A?si=7012b5759de8458d
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Join this channel:
https://www.youtube.com/channel/UC6WzPg6yxF9dQx2_O6R4lww/join
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Gadgets I use:
Camera:
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Camera stands: Jaerb and Innorel
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Mouse:
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Lights: Godox
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Laptops:
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