Modi govt institutionalising ‘crony capitalism: Cong

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NEW DELHI: The Congress on Saturday held the BJP responsible for the Rs 11,400-crore Punjab National Bank scam involving jewellery designer Nirav Modi and accused Prime Minister Narendra Modi of institutionalising “crony capitalism”.
Congress leader Kapil Sibal accused the prime minister and his government of bringing the economy to its knees, and warned that the country’s image would get a beating internationally under him.
He also took a dig at Modi, claiming that while he was “sleeping” as the country’s watchman, thieves were fleeing with the nation’s wealth.
Quoting the second FIR filed by the CBI in the case, the Congress leader said that all letters of understanding (LoUs) to the accused were signed in 2017 under the NDA government, which failed to prevent the scam from happening.
Addressing a joint press conference with Congress communications in-charge Randeep Surjewala, Shaktisinh Gohil and Pawan Khera, Sibal sought to know why Modi refused to divulge details of all those people who accompanied him during his foreign tours.
“Is this the kind of ‘Ease of Doing Business’ PM Modi talks about,” he asked.
“I challenge the BJP to come and talk about UPA’s governance and their governance. Because of their ill-intentions, they have brought India’s economy to its knees,” he told reporters.

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