The Congress on Sunday attacked the Centre for the bank frauds allegedly committed by Gujarat-based ABG Shipyard, owned by Rishi Agarwal, and others for duping 28 banks, including State Bank of India. The party alleged that the delay in the case proves "complicity, collusion and connivance of those sitting in the highest echelons of power in the Modi government."
The Congress on Sunday attacked the Centre for the bank frauds allegedly committed by Gujarat-based ABG Shipyard owned by Rishi Agarwal and others for duping 28 Banks, including State Bank of India. 📰 ABG Shipyard Bank Fraud: Congress Slams Narendra Modi Govt Over India’s Biggest Bank Fraud, Says ‘Loot and Escape Is BJP Govt’s Flagship Scheme for Fraudsters’.
They said, “Rishi’s case is even worse than Vijay Mallya because his total debt is (Rs) 22,843 crore for ABG Shipyard, (Rs) 2,500 crore for ABG cement (rechristened as Vadraj cement) and Rs 500 crore for ABG Energy."
An unnamed source told Indian Express that the IT department had found 50 undisclosed foreign bank accounts and assets owned by the three entities across seven foreign countries.
The Congress on Monday alleged that the BJP government was purchasing goods and services from "fugitives" who have fled the country with public money. Congress spokesperson Gourav Vallabh, at a press conference, alleged that the BJP government was first aiding fugitives escape from the country and then was buying goods from their companies. He cited the example of Sandesara