Former financial services secretary Rajiv Takru said he had met Dinesh Dubey only once and the latter did not raise any issue related to the loans given to Nirav Modi’s uncle, Mehul Choksi’s Gitanjali Gems. Choksi is among those accused in the Rs 110 billion fraud at Punjab National Bank (PNB).
Dubey, a former independent director of Allahabad Bank, had claimed that in 2013, he had sent a dissent note to the then government and the Reserve Bank of India (RBI) against the decision to provide loans to Gitanjali Gems.
These loans were given on Letters of Understanding (LoUs) issued
These loans were given on Letters of Understanding (LoUs) issued