Nirav Modi case: I-T dept attaches 141 bank accounts worth Rs 145 crore

February 21, 2018 20:31

Officials from the Income Tax department on Wednesday announced that they had attached a total of 141 bank accounts and FDs, valued at Rs 145 crore, of the Nirav Modi group.

Meanwhile, scam-hit PNB has assured investors and customers that it has a strong sovereign backing and adequate capital to deal with the situation in the aftermath of the Rs 11,400 crore fraud.

"We assure you that in your bank, it is business as usual," state-owned Punjab National Bank said in a tweet. The country's second largest lender has also dismissed media reports that it has imposed restrictions on withdrawals.

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