Apr 24, 2019 08:33 PM IST
Choksi and his nephew Nirav Modi are wanted by the ED and the CBI (Central Bureau of Investigation) for allegedly defrauding the PNB to the tune of Rs 13,400 crore, in collusion with a few of its employees.
- Apr 04, 2019 07:40 PM IST
A two-member bench of VP Singh and Ravikumar Duraisamy, allowing more time, fixed the matter for further hearing to April 25.
- Apr 04, 2019 11:38 AM IST
Nirav Modi had the directors’ passports taken away and phones smashed after flying them to Dubai and Cairo.
- Apr 04, 2019 10:41 AM IST
Modi could be charged with violations in the Racketeer Influenced and Corrupt Organisations (RICO) Act.
- Apr 02, 2019 05:20 PM IST
The diamond merchant, who has been behind bars at HMP Wandsworth in south-west London ever since his first bail application was rejected on March 20, can apply for a High Court bail appeal at any time until his next remand hearing on April 26.
- Mar 29, 2019 10:07 PM IST
The 48-year-old diamond merchant is wanted in India for alleged "high value and sophisticated" fraud and money laundering amounting to $2 billion.
- Mar 29, 2019 08:34 PM IST
Nirav was denied bail on grounds of the high value of funds embezzled and high access of escape
- Mar 29, 2019 08:25 PM IST
'Given the nature and seriousness of charges and the resources available to him… there will be an overwhelming desire to flee the jurisdiction and interfere with the administration of justice,' said Cadman.
- Mar 29, 2019 07:39 PM IST
As soon as the news came out, sources said, ED Director Sanjay Kumar Mishra cancelled the order in Delhi and restored the charge to Kumar.
- Mar 27, 2019 09:32 PM IST
In a statement issued by his lawyers, the raids against him were on the basis of 'an old and dated 'Know Your Customer' (KYC) document' submitted by him to the Punjab National Bank in 1995.
- Mar 26, 2019 06:10 PM IST
"Modi is expected to be produced before the court for a second bail application hearing on March 29," a court official confirmed on Tuesday.
- Mar 20, 2019 09:48 PM IST
The 48-year-old's defence team, led by barrister George Hepburne Scott, told the court about the existence of the multiple travel documents during his plea for bail, which was rejected by District Judge Marie Mallon.
- Mar 20, 2019 09:27 PM IST
HMP Wandsworth is a Category B prison, where criminals are held if not deemed to be of a high level of security risk.
- Mar 20, 2019 08:49 PM IST
The 48-year-old is currently said to be living in a three-bedroom apartment in London and has travelled in and out at least thrice since his passport was cancelled by Indian authorities in 2018
- Mar 20, 2019 06:50 PM IST
The fugitive billionaire diamantaire was arrested on March 19 from London's Holborn Tube metro station.
- Mar 20, 2019 03:05 PM IST
A London court had issued the arrest warrant against Modi, the main accused in the PNB scam case, in response to an Enforcement Directorate (ED) request for his extradition in a money laundering case.
- Mar 19, 2019 03:48 PM IST
Nirav Modi is expected to be put under formal arrest by the local police soon
- Mar 18, 2019 08:49 PM IST
The Enforcement Directorate (ED), early this month, had said that United Kingdom's home secretary Sajid Javid had referred India's request for extraditing Modi to a court for initiating legal proceedings against the diamantaire.
- Jan 28, 2019 12:10 PM IST
An official from Antigua's PMO said that his government would wish him (Choksi) gone, as he “brings nothing to Antigua but unwanted publicity”
- Jan 21, 2019 10:52 AM IST
Choksi’s move is being seen as an attempt to avoid getting extradited to India
- Dec 19, 2018 08:26 PM IST
The alleged fraud took place at the same PNB branch where the Nirav Modi scam took place.
- Dec 14, 2018 04:15 PM IST
A multi-agency probe is already underway into the fraud, which was mainly perpetrated by way of fraudulent Letters of Undertaking (LoUs).
- Dec 12, 2018 06:28 PM IST
On this episode of Digging Deeper, we look into why was it so easy for Vijay Mallya to leave the country unchecked.
- Sep 15, 2018 09:15 PM IST
The CBI said it had received a complaint against beleaguered diamantaire Modi and his uncle Choksi from the bank almost a month after they had fled the country
- Aug 07, 2018 10:14 PM IST
The ED had alleged that Wadhwa was a "close confidant" of Modi and was instrumental in setting up two companies in Hong Kong (Ms Aura Gem and Ms Sino Traders) with dummy directors.