Tag: Fugitive Diamond Merchant

Mumbai: Authorities at the Arthur Road jail here have kept ‘barrack no. 12’ ready if fugitive diamond merchant Nirav Modi is extradited from the UK in connection with the USD 2 billion PNB fraud and money laundering case, a Home department official said Tuesday. The prisons department last week shared information with the state Home […]

London: Fugitive diamond merchant Nirav Modi, wanted in India in connection with the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case, was on Thursday further remanded to judicial custody until July 25. Judge Jonathan Radway presided over the short remand hearing at Westminster Magistrates’ Court via videolink from Wandsworth prison […]

London: Fugitive diamantaire Nirav Modi, wanted in India in connection with the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case, is set to appear before a UK court for his customary 28-day remand hearing on Thursday. The 48-year-old is likely to be informed of the dates for his trial on […]

London: Fugitive diamond merchant Nirav Modi, wanted in India in connection with the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case, was on Thursday further remanded to judicial custody until September 19. During a short remand hearing at Westminster Magistrates’ Court via videolink from Wandsworth prison, the judge extended Modi’s […]

Mumbai: For the first time, the public sector Oriental Bank of Commerce (OBC) has come clean on its loan exposure to the absconding diamantaires Nirav Modi and his uncle Mehul C. Choksi, here on Friday. The development comes ahead of the OBC’s upcoming merger with the Punjab National Bank (PNB) which – in February 2018 […]

London: Fugitive diamond merchant Nirav Modi, fighting extradition to India on charges over the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case, was produced for a regular remand hearing at Westminster Magistrates’ Court in London on Thursday and further remanded in custody until February 27. The 48-year-old, who has been […]