Why is the Quit India movement of rich gaining momentum ?

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A billionaire jeweller whose diamonds are worn by top Hollywood stars including Kate Winslet and Naomi Watts is accused of being behind a $1.8billion fraud.

Nirav Modi, one of India's richest men, is said to have fled the country with his diamond merchant business partner Mehul Choksi.

The pair are accused of defrauding the state-run Punjab National Bank (PNB) out of the enormous sum.

It could be  Nirav Modi affect, ED is scanning at least 200 shell firms and "benami" assets  that are probing the Rs 11,400-crore alleged fraud at the Punjab National Bank (PNB).

According to  a story published  in TOI, another defaulter Vikram Kothari, the promoter of Rotomac Pen, has also allegedly gone abroad after swindling Rs 800 crore from various public sector banks including Allahabad Bank, Bank of India and Union Bank of India, sources said.

The Kanpur-based company's owner had taken a loan of more than Rs 800 crore from over five state-owned banks.

New wealth world has reported that 17000 dollar billionairs has left India in last three years, Question is why these people are moving out of India during Narendra Modi's tenure? This is a cause of wory for the economic development of India.