Nirav Modi defiant, blames CBI and ED for destroying his businesses

Appearing defiant in London, Nirav Modi testified in a civil trial, denying owing Bank of India over $10.7 million. He claimed banks, CBI, and ED destroyed his 20-year business, asserting no fraud against Punjab National Bank. Modi alleged PNB colluded with CBI, leading to an FIR without his input, and ED's actions halted his operations.

By NAOMI CANTON