Daily O

The thousands of crore Nirav Modi-Mehul Choksi PNB scam is more recent than you think

The heist appears a well planned quick swindle not a prolonged one.

A point that cannot be missed in the political slugfest between the BJP and Congress on mera ghotala vs tera ghotala (my scam versus your scam), is that the Nirav Modi-Mehul Chokasi scam, aka NiMo-Mehul scam, is turning out to be a highly well-executed and the most brazen financial fraud in recent history.

The duo seems to have strategically chosen short-term inter-bank credit channels

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