Topic: PNB fraud

The hearing this week takes place as per the four-week time frame for judicial remand in such cases
This was Nirav Modi's second attempt to seek bail after his arrest on March 20, 17 months after he fled India.
Since the fraud came to light, the agencies have been in relentless pursuit to extradite the fugitive Nirav Modi, back to India
The ED had seized 11 luxury cars and 173 paintings owned by Nirav Modi earlier.
The fugitive businessman did not comment on whether he has applied for political asylum in England
Fugitive businessman, Nirav Modi which had constructed his Alibaug bungalow on a sprawling area of 1071 square meters on Kihim beach, which was 674 sq meters more than the permitted area.
Choksi had moved to Antigua from the United States in July 2018 and had taken the citizenship of Antigua under an investment program.
Following a Red Corner Notice (RCN) against Nirav Modi, Interpol has now issued an RCN against Mehul Choksi on the request of CBI.
The state filed an affidavit in the court stating Modi's illegal bungalow was demolished on December 5
Choksi is currently in Antigua. The Indian government is pressing for his extradition.
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.
Republic TV claims that Nirav has two addresses in London and he has been shuffling between the two
Choksi, who reportedly had a 'loose alliance' with the Congress, claimed of taking Antiguan citizenship last year
India has recently sought to extradite Mehul Choksi from Antigua
The Nirav Modi scam rocked the nation in February 2018 and amounted to Rs. 11,000 crores worth
He had earlier said that he won't come back due to fear of mob lynching
Mehul Choksi has stated that unpaid employees, debtors and other people aggrieved in the PNB scam might mob-lynch him
MEA to request extradition after law enforcement agencies officially confirm
First charge-sheet also names CEO of Allahabad Bank, Usha Ananthasubramanian, former head of PNB.
Some journalists obtained buyers' list from IT raid and now allegedly blackmailing people
Earlier, India had made a request for the provisional arrest of the disgraced businessman.
The private bank has reported a Rs. 86.47 crore fraud to the RBI involving Gitanjali Gems
The law has reached the doorstep of Nirav Modi's close aide
Unless, this is done, there is no point in blaming the auditors

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