The opposition led by Congress president, Rahul Gandhi stepped up attacks on Prime Minister Narendra Modi and questioned his silence on the Rs 11,400 crore PNB scam involving jeweller Nirav Modi.
While Rahul demanded that both Modi and Union Finance Minister, Arun Jaitley speak up and take responsibility for the scam, West Bengal Chief Minister, Mamata Banerjee likened the PNB scam to demonetisation.
"PM Modi tells kids how to pass exams for 2 hrs, but won't speak for 2 mins on the 22,000Cr banking scam. Mr Jaitley is in hiding. Stop behaving as if you're guilty! Speak up," he tweeted.
The Congress has said that it was not possible for such a scam to emerge without the highest level of protection. The BJP on the other hand blamed the Congress as the scam had started in 2011, when the UPA was in power. Rahul Gandhi said that 90 per cent of the fraudulent transactions had taken place during Modi's tenure and he is answerable.
Mamata Banerjee said that the scam was just the tip of the iceberg and the big banking fraud was fuelled at the time of note ban.
"Big money laundering happened during DeMo. Key bank officials were changed. Who are these people put in? There are more banks involved. The full truth must come out," she tweeted.