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Billionaire businessman Nirav Modi has been declared a fugitive economic offender by a special court in Mumbai. Nirav Modi, currently under arrest in the United Kingdom, is accused of defrauding the Punjab National Bank of more than Rs 10,000 crore by scamming a software used by banks worldwide

After Vijay Mallya, Nirav Modi declared fugitive economic offender

Ironically enough, he asked banks to 'take his money' and bail out Jet Airways

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After Vijay Mallya, Nirav Modi declared fugitive economic offender

Ironically enough, Vijay Mallya offers money to save Jet Airways