"No One Will Be Spared," Says Centre On Nirav Modi Case | Read

Nirav Modi's home, showrooms and offices in Mumbai, Delhi and Surat were searched today after Punjab National Bank (PNB) complained of staggering fraud at the cost of the taxpayer to benefit the celebrity jeweller and others. Nirav Modi, recently seen in a group photo in Davos with Prime Minister Narendra Modi, flew out of India on January 1, which has set off political sparring. Opposition parties targeted PM Modi, alleging that he had helped "Chhota Modi" escape even though he had been aware of the fraud since last year, when a whistleblower wrote to him. The government called the charge "shameful" and declared that "no one will be spared, no matter how big". Nirav Modi's passport will be revoked, said Union Minister Ravi Shankar Prasad.