<a href="http://www.wionews.com/india-news/nirav-modi-fugitive-diamantaire-and-indias-most-wanted-184963">Nirav Modi</a>, prime accused in the multi-crore PNB fraud case, on Saturday said that he has done nothing wrong and that the scam was a "civil transaction" which is now being blown out of proportion.

Modi, on Saturday, filed a response before the PMLA court opposing the Enforcement Directorate's complaint to have him declared a "fugitive economic offender" under the Fugitive Economic Offenders Act.

In the response, the absconding diamantaire also stated that he is unable to fly back to India citing security reasons.

Modi and his uncle Mehul Choksi, who are wanted in India for loan default, fled the country in the first week of January last year after their companies were found cheating the state-run PNB of Rs 13,000 crore.

The duo has not returned to India since then despite repeated summons from probe agencies and courts.

Modi is said to be in London while Choksi is residing in the Caribbean country of and Barbuda.

The government has also sent formal requests to both seeking their extradition.&nbsp;

Nirav Modi, prime accused in the multi-crore PNB fraud case, on Saturday said that he has done nothing wrong and that the scam was a "civil transaction" which is now being blown out of proportion.

Nirav Modi, prime accused in the multi-crore PNB fraud case, on Saturday said that he has done nothing wrong and that the scam was a "civil transaction" which is now being blown out of proportion. Modi, on Saturday, filed a response before the PMLA court opposing the Enforcement Directorate's complaint to have him declared a "fugitive economic offender" under the Fugitive Economic Offenders Act. In the response, the absconding diamantaire also stated that he is unable to fly back to India citing security reasons. Modi and his uncle Mehul Choksi, who are wanted in India for loan default, fled the country in the first week of January last year after their companies were found cheating the state-run PNB of Rs 13,000 crore. The duo has not returned to India since then despite repeated summons from probe agencies and courts. Modi is said to be in London while Choksi is residing in the Caribbean country of and Barbuda. The government has also sent formal requests to both seeking their extradition.

Done nothing wrong, 'civil transaction' is being blown out as scam: Nirav Modi

civil-transaction

'civil Transaction, News on 'civil Transaction, stories on 'civil Transaction, articles on 'civil Transaction, 'civil Transaction stories at Wion, 'civil Transaction news, 'civil Transaction latest news