Nirav Modi scam
With this latest order, the total attachment in this case against the absconding diamantaire is about Rs 4,744 crore
The ED had moved the special court in Mumbai requesting permission for ‘immediate confiscation’ of about 7000 crores worth assets of Nirav Modi
Choksi had recently announced he had become citizen of Antigua in November 2017 to expand his business
When it comes to excuses for staying out of jail, India's fugitive billionaires have no dearth of imaginative ideas.
Punjab National Bank (PNB) recovered a record Rs 11,378 crore from defaulters in the first five months of this fiscal.
Purvi Modi is accused of laundering the proceeds of the PNB scam, she is a Belgian national.
Choksi, who reportedly had a 'loose alliance' with the Congress, claimed of taking Antiguan citizenship last year
The Nirav Modi scam rocked the nation in February 2018 and amounted to Rs. 11,000 crores worth
Allegations were even levelled against the Finance Minister
Media houses and social media influencers had been spreading speculative rumours.