PNB fraud case: Nirav Modi’s five dummy firms in Hong Kong whose owners earned Rs 8,000 got Rs 8,000 crore LoUs

Owners and directors of at least five Hong Kong firms that allegedly received about Rs 8,270 crore from Letters of Undertaking (LoUs) issued by Punjab National Bank, on behalf of jeweller Nirav Modi, used to earn only between Rs 8,000 and Rs 30,000 every …
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