PayTM Founder Gets Scared Of Questions, Scoots Away| Rohan Dua Explains RBI Ban; China or PAN Theft?

MUMBAI : Paytm CEO Vijay Shekhar Sharma faces scrutiny as RBI imposes restrictions on Paytm Payments Bank, barring additional services from March 2024. Sharma, spotted grinning at the airport by The New Indian’s Executive Editor, Rohan Dua, avoided questions on Chinese investments, data leaks, and money laundering accusations. Despite persistent probing, he remained tight-lipped, adding suspicion to alleged fraudulent activities. RBI’s ban, effective March 2024, prohibits additional banking services due to regulatory breaches. Concerns arise over fund transfers abroad and possible money laundering. RBI has alerted enforcement agencies regarding suspicions on Sharma and his company. Paytm’s future remains uncertain amidst mounting regulatory scrutiny.

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