How can the biggest ever banking fraud of India’s one of the greatest financial institutions priding itself in having account holders like Lala Lajpat Rai, Mahatma Gandhi, Jawaharlal Nehru and Lal Bahadur Shastri remain “Nirav:” silent?
No wonder the great heist with the Punjab National Bank (PNB) by Nirav Modi, the first Indian to be featured on the covers of Christie’s and Sotheby’s Catalogues has created a massive bang across the world.
A desperate Nirav, ranking 1,234 in Forbe’s World Billionaire List for 2017, blamed the PNB for “Destroying My Brand.” Is not it a really amazing quotable quote?
In Hindi, there is an interesting quote that perhaps fits ditto with Modi’s blame. The quote goes “Ulta Chor Kotwal Ko Daante” (the thief lambasts the Kotwal – town police chief). It is the PNB that should blame Modi for this heist but it is the other way round. He is blaming the PNB for “Destroying My Brand.”
A Celebrity Gets Notoriety
The Nirav Modi “Brand” has indeed been destroyed. This brand is owned by Firestar Diamond International Pvt Ltd. Just imagine, his clientele included top-notch personalities of the world including the Hollywood star Kate Winslet. Kate wore Nirav’s diamond jewellery for her red-carpet walk at the 2016 Oscars.
His Firestar Diamond is known globally. But clouds have descended now on his companies. His “Brand” has been damaged so much so that Priyanka Chopra is seeking legal opinion on ending her contract as global ambassador for Modi. Earlier, Katrina Kaif and Aishwarya Rai had endorsed his brands. It is in the midst of this crisis that Modi has been blamed by Kangana Ranaut and Bipasha Basu for not paying them for endorsing his brand.
This story is from the March 2018 edition of Eastern Panorama.
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This story is from the March 2018 edition of Eastern Panorama.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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