Punjab National Bank

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Digging Diamonds From Banks The Untold Story of Fugitive Diamantaire Jatin Mehta – 2

Are the government and its agencies acting in a discriminatory manner so far as Jatin Mehta is concerned? Is there any weight to Congress’s allegations that he is getting preferential treatment on account of his links with the Adani family? Long before allegations of fraud levelled by banks against Nirav Modi and Mehul Choksi made headlines in the media in India and the world, another diamantaire from Gujarat, Jatin Mehta, and his group of companies had caused a major loss to Indian and international banks and became the one of the largest wilful defaulters of loans.

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Are Two BJP MPs Trying to ‘Scuttle’ a Sick Company’s Resolution Process?

Two BJP MPs have levelled allegations of malpractices against the professional in-charge of the insolvency resolution process of Topworth Steels and Power, an ailing company promoted by Abhay Lodha and Surendra Lodha. Documents with NewsClick suggest that after the resolution professional discovered fraudulent transactions in the company, his dismissal was sought by the two MPs. An exclusive investigation.

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