AGARTALA, Feb 22 (TIWN): Hence CPI-M gets another point to find out a new link of ‘Crony Capitalism’ of PM Modi led BJP Govt. Targeting PM Modi’s friendship with Mukhesh Ambani, following Mukhesh Ambani’s brother Vipul Ambani’s arrest in Panjab National Bank fraud case, CPI-M said, “This is the reason why PM Modi is silent on PNB scam” ? In a statement of CPI-M given in social media, the party said, “Is Modi is silent to save Ambanis ??” On the other side, CPI-M has announced to go massive protest against the PNB scam ( also known as Nirav Modi’s scandal ). The party will soon launch protests in coming days, in a statement CPI-M Central Committee announced.CPI-M said, "The Polit Bureau of the Communist Party of India (Marxist) expresses its grave concern at the alarming rise of levels of crony capitalism under this BJP government and Prime Minister Modi. One after another chosen corporates’ who have defrauded people’s money and manipulated the system are allowed to leave the country before facing the law of the land. The latest in this is the case of Nirav Modi".

"The government is refusing to answer how this person was allowed to leave when a FIR was impending against his crime and subsequently to surface along with the Prime Minister for a photograph at the Davos World Economic Summit. This case needs to be probed thoroughly. In the previous instances of financial frauds of Harshad Mehta or Ketan Parikh, Joint Parliamentary Committees were constituted and the then Finance Ministers had deposed before them and put in place corrective measures. In the instant case also a JPC should be constituted and the current Finance Minister must be made to answer all the relevant questions", the statement added,

"Further, the Prime Minister must furnish information on who are the industrialists whose NPAs have been waived to the tune of Rs. two lakh crore, according to the statement made in parliament. The Prime Minister must also provide a list of industrialists accompanying him on his foreign visits at the expense of the State exchequer. Concealing of these names shows the levels to which crony capitalism benefitting chosen individuals close to the ruling party is being practised. This is completely reprehensible and cannot be accepted", it said.