Aug 04, 2018 04:59 PM IST
The whereabouts of the billionaire jeweller remain unknown, but the Indian government had been informed by the UK's Crown Prosecution Service (CPS) in June that it can initiate extradition proceedings despite the uncertainty.
- Aug 04, 2018 03:00 PM IST
According to the CBI, Vipul Ambani was aware of the fraudulent letters of undertaking (LoUs) issued by PNBs former deputy manager Gokulnath Shetty in favour of Modi's firms.
- Jul 30, 2018 12:47 PM IST
Despite claims that applicants are vetted by the Interpol and other regional agencies for a history of criminal conduct, many economic offenders slip through the net to clinch residency permits in tax havens
- Jul 27, 2018 03:59 PM IST
The order also authorises gathering of documents from these individuals and others such as Ajay Gandhi and Kunal Patel
- Jul 12, 2018 06:35 PM IST
These directors belong to companies owned by Nirav Modi and Mehul Choksi
- Jun 28, 2018 09:40 PM IST
PNB detected a multi-crore scam, wherein diamantaire Nirav Modi and Choksi had allegedly cheated the bank to the tune of Rs 13,400 crore with the purported involvement of a few of its employees
- Jun 11, 2018 07:14 PM IST
Nirav Modi and his uncle Mehul Choksi are being investigated by the Enforcement Directorate for allegedly cheating PNB, the country's second largest lender, to the tune of more than Rs 13,000 crore.
- May 14, 2018 04:12 PM IST
CBI has filed a chargesheet against former PNB managing director and CEO Usha Ananthasubramanian in relation to the transactions done by the bank with Nirav Modi
- May 08, 2018 03:26 PM IST
Diamond merchants Nirav Modi and his uncle Mehul Choksi are alleged to have perpetrated the country's biggest banking sector scam of Rs 13,000 crore at Punjab National Bank, mainly by way of issuance of fraudulent Letters of Undertaking (LoUs).
- May 02, 2018 06:08 PM IST
The agency has to file the charge sheet within 90 days of the arrest of those accused in the case, the officials said, adding that the CBI is likely to meet the deadline.
- Apr 18, 2018 07:30 PM IST
In a petition, the corporate affairs ministry has also sought to invoke powers including the removal of the management and recovery of undue gains.
- Apr 17, 2018 03:33 PM IST
Congress spokesperson Jaiveer Shergill denied the speculation that the Congress had put on hold the ticket of Mehul Choksi’s lawyer, HS Chandramouli.
- Apr 17, 2018 11:53 AM IST
The government’s claim each time a scam has taken place is that the law will take its own course. There is invariably a lot of sound and fury – signifying nothing
- Apr 04, 2018 06:40 PM IST
In the wake of Rs 13,000-crore PNB scam allegedly by diamond jewellery designer Nirav Modi and his associates through fraudulent LoUs, the central bank stopped banks from issuing the two instruments for trade credits for imports into India.
- Mar 30, 2018 04:27 PM IST
PNB has argued that the “truncated” sale of assets proposed by Firestar Diamond and other firms will affect the recovery of creditors.
- Mar 26, 2018 10:56 AM IST
The Enforcement Directorate is not sure of the foreign assets and properties held by Modi, but has issued letters rogatory to 15 countries seeking information about the assets held by Modi and Choksi.
- Mar 24, 2018 11:44 AM IST
SWIFT said GPI accounts for 10 percent of cross border payment traffic and is enabling more than a hundred billion dollars to be transferred across the world rapidly and securely every day
- Mar 16, 2018 12:24 PM IST
Attorney General KK Venugopal opposed a suggestion mooted by the top court that the government should submit a stays report on investigation in a sealed cover envelope.
- Mar 14, 2018 03:59 PM IST
Officials said the agency had sought issuance of the Interpol warrant against the two, based on court-issued non-bailable warrants obtained by it in a money laundering case.
- Mar 12, 2018 11:33 PM IST
Forever Diamonds owes Rs 2,121.82 crore to a consortium led by Punjab National Bank (PNB).
- Mar 12, 2018 11:47 AM IST
According to sources, Mehul Choksi and Nirav Modi also used these fake receipts to show fictitious revenue turnover in their books
- Mar 09, 2018 07:26 PM IST
Till the time of publishing this article, the petition had got 1,18,220 signatures.
- Mar 07, 2018 11:05 AM IST
Senior officials from private sector lenders ICICI Bank and Axis Bank appeared before SFIO yesterday with regard to a probe into the Rs 12,636-crore PNB swindle.
- Mar 07, 2018 07:31 AM IST
Chitalia was produced before a special CBI court here in the afternoon after he was detained at the airport and questioned by the agency. Judge S R Tamboli remanded him in CBI custody till March 17.
- Mar 06, 2018 08:26 AM IST
The Patna Sahib MP, who has been critical of his party as well as the government at the Centre for some time, also took a jibe at the prime minister's "pakoda" remark and borrowers defaulting on huge loans.