No charges levelled against my client, only 'sketchy' FIR: Nirav Modi's lawyer

Nirav Modi's lawyer has told India Today that just like 2G and Bofors scams collapsed after much noise, "so will the case against Nirav Modi".

"Agencies are making all these noises in the media, they will not be able to prove these charges in a court of law. Nirav will not be found guilty. I'm certain," says his lawyer.

In a letter Modi wrote on February 15/16 to the PNB management, a copy of which PTI has seen, he pegged the amount his companies owes to the bank under Rs 5,000 crore.

"The erroneously cited liability resulted in a media frenzy which led to immediate search and seizure of operations, and which in turn resulted in Firestar International and Firestar Diamond International effectively ceasing to be going-concerns," he wrote.