ED analysing 120 shell firms in $2.1-bn PNB fraud case: Govt
The government has said that the Enforcement Directorate is analysing 120 shell companies in connection with $2.1-billion PNB fraud allegedly committed by jewellers Nirav Modi and Mehul Choksi. The government added that PNB has stated that matter is under investigation and "it won't be in public interest" to share names of the companies as it may hamper the ongoing probe.