Topic: pnb
The next hearing in his extradition proceedings has been scheduled for May 30
With this latest order, the total attachment in this case against the absconding diamantaire is about Rs 4,744 crore
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
First charge-sheet also names CEO of Allahabad Bank, Usha Ananthasubramanian, former head of PNB.
The bank encumbered in the Rs 14,000-crore scam involving jewellers Nirav Modi, Mehul Choksi
The law has reached the doorstep of Nirav Modi's close aide
He claims the company is not in position to pay current and future does, asks employees to seek employment elsewhere
The above move comes on the back of multiple actions taken by various authorities over the past few days
She did that during a press conference
ED has been conducting raids since yesterday
They have been asked to file their responses within a week
While there was a letter to the PMO, the contents are important.
If the RBI orders had been followed, the scam would have been detected at a much earlier stage
