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Meet Nirav's A-Team that may have helped him pull off Rs 14,000-cr scam

After all, he employed over 2,200 people and it's a matter of conjecture as to why someone didn't blow the whistle earlier

Nirav Modi
Premium

File photo of Nirav Modi

Pavan Lall Mumbai
How did fugitive jeweller Nirav Modi pull off what he is accused of — the country’s biggest banking fraud at Punjab National Bank, worth over Rs 14,000 crore — without an army of trusted lieutenants while keeping his moves under wraps? After all, he employed over 2,200 people and it’s a matter of conjecture as to why someone didn’t blow the whistle earlier. It turns out that while his family council was involved, he also — according to a report submitted to a US Bankruptcy Court by an appointed examiner — had a highly organised core management team. The common

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