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PNB Fraud : Priyanka Chopra quits as Nirav Modi Brand Ambassador

After PNB Fraud case actress Priyanka Chopra quits as Nirav Modi Brand Ambassador.

Actress Priyanka Chopra has quit as brand ambassador of celebrity jeweller Nirav Modi’s designer product line after allegations that the 48-year-old was at the centre of a massive bank fraud. Nirav Modi and his family had left the country before the scam broke out and his lawyer has declined to indicate if and when the billionaire would come back to the country to face the probe.

Nirav Modi Brand :

Nirav Modi brand had roped her as its brand ambassador in January last year, underlining that she also represented “the ethos of our brand”. The firm has boutiques across three continents to sell its jewellery for prices varying between 5 lakhs to 50 crores.

After the scandal broke out, Ms Chopra, who scored Hollywood success with her hit series Quantico, didn’t want to be associated with the brand and had asked her lawyers to come up with a way.

In recent days, PNB has told Nirav Modi to come up with a concrete plan to return the Rs. 11,300 crore his companies have borrowed without following proper procedures. Central agencies such as the Enforcement Directorate have, however, claimed to have seized arrests worth more than Rs 5,600 crores

The loans, granted illegally by its own officials, have landed India’s second-largest bank in a huge controversy and also exposed the government to sharp attacks from the opposition Congress.

Priyanka Chopra :

Priyanka Chopra born 18 July 1982) is an Indian actress, singer, film producer, philanthropist, and the winner of the Miss World 2000pageant. One of India’s highest-paid and most popular celebrities, Chopra has received numerous  awards, including a National Film Award and five Filmfare Awards. In 2016, the Government of India honoured her with the Padma Shri, the fourth highest civilian award and Time magazine named her one of the 100 most influential people in the world. Forbeslisted her among the World’s 100 Most Powerful Women in 2017.

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