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2022-02-25 11:14:40
00:14:15
Urdu
thethinkschool think school think thinkschool ganeshprasad Nirmala sitaraman ABG SHIPYARD scam indian scam Bank fraud bank fraud Abg shipyard ABG shipping ABG SHIPYARD scam abg shipping scam bank scam bank scams nsc scam modi namo namo scam bjp scam bank shipping shell company shell company money money laundering bjp government icicibank icici bank icici bank account Vijay Mallya Nirav modi Vijay mallya scam Nirav modi scam sbi bank exim bank
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VIDEO INTRODUCTION:
On 7th of Februrary, 2022, the CBI booked ABG Shipyard, its directors, and ABG International Pvt Limited for allegedly causing losses of Rs 22,842 crore to a consortium of 28 banks. ABG shipyard which was Once considered to be powerhouse in shipbuilding with an order book of Rs 16,600 crore is now under probe for pulling off the biggest banking fraud in Indian history.Just to give you guys a context how big this fraud is, if you see, Nirav modi pulled off a 11,356 crores scam, Vijay Mallaya pulled off a scam of 9000cr, both of them together account for 20,356cr of scam but ABG shipyard scam alone amounts to 22,842cr.The question is, how does the shipping industry function?what is the story of ABG shipyard?and How did they pull off such a big scam on right in front of the biggest banks in the country
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#thinkschool #abgshipyard #moneylaunderingcase Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost. Fair use - This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law.