Civil transactions blown out of proportion: Nirav Modi on PNB scam
Fugitive diamantaire Nirav Modi in his response to a PMLA court said all his dealings with PNB were "civil transactions" that had been "blown out of proportion". He also said that he was unable to return to India due to "security reasons". The court was hearing a case filed by the Enforcement Directorate to declare him a "fugitive economic offender".