Tag: Nirav Modi

Absconding diamantaire Nirav Modi's HCL House to be auctioned on Sep 23

Various agencies like the ED have attached Modi's properties worth a little over Rs 2,650 crore as he fights extradition proceedings in London, and certain assets like bungalows, plots, factories, luxury cars, expensive artworks, etc., have been periodically auctioned by various probe agencies to recover part of the stupendous dues to the banks.

  • Friday, 19 August 2022
PNB Loan Fraud: Nirav Modi's Aide Subhash Shankar Brought To India

Shankar was DGM Finance in Nirav Modi's company. Red corner notice had been issued against him.

  • Tuesday, 12 April 2022
Vijay Mallya
Rs 18,000 Cr Returned To Banks From Mallya, Nirav & Choksi: Centre To SC

Solicitor General Tushar Mehta on Wednesday informed the Supreme Court that Rs 18,000 crore have been returned to the banks in the case of Vijay Mallya, Nirav Modi, and Mehul Choksi.

  • Wednesday, 23 February 2022
DRT serves notice to Nirav Modi, family to recover PNB's 7,000 cr

Mumbai: The Debt Recovery Tribunal (DRT) on Monday served notice to absconder diamantaire Nirav Modi, his family members and his companies to recover over Rs 7,000 crore owed to the Punjab National Bank (PNB). The notice by the DRT-1 Registrar, A. Murali, came six months after the beleaguered PNB had moved the tribunal in July […]

  • Friday, 09 July 2021
Nirav Modi declared 'proclaimed absconder' in customs case

Mumbai: A Gujarat court on Thursday declared fugitive diamantaire Nirav Modi as a “proclaimed absconder” in a customs duty evasion case filed in March and ordered him to appear in person on November 15. In a public notification issued earlier in the day in newspapers, and also sent to government and police departments, Nirav Modi was […]

  • Thursday, 08 July 2021
PNB fraud: ED attaches Nirav Modi's foreign assets worth Rs 637 cr

New Delhi: The Enforcement Directorate (ED) today said that it has attached foreign properties of fugitive diamond jeweller Nirav Modi worth Rs 637 crore, including two apartments in New Yorks Central Park, even as the agency continued its investigation into the Punjab National Bank (PNB) fraud case. A senior ED official said the agency had […]

  • Thursday, 08 July 2021
Union Bank sues Nirav Modi in Hong Kong court: Report

Beijing: The Union Bank of India has sued fugitive billionaire jeweller Nirav Modi in a Hong Kong court, a media report said. A report in the Hong Kong-based South China Morning Post said the Union Bank claimed in a writ filed at the High Court on Wednesday that the Mumbai-born businessman, wanted for a massive […]

  • Thursday, 08 July 2021
Rahul met Nirav Modi at Delhi hotel in 2013, claims Poonawalla

New Delhi: As Congress President Rahul Gandhi demanded Finance Minister Arun Jaitley’s resignation over “free passage” given to the fugitive businessman Vijay Mallya, activist Shehzad Poonawalla on Thursday claimed “Gandhi met PNB fraud accused Nirav Modi at a hotel here in September 2013.” Poonawalla also challenged Gandhi to deny that he met Nirav Modi in […]

  • Thursday, 08 July 2021
PNB fraud: ED attaches Nirav Modi's properties worth Rs 171 cr

New Delhi: The Enforcement Directorate (ED) on Monday said that it has attached more properties of the absconding diamantaire Nirav Modi worth Rs 171 crore as part of its probe in the multi-crore Punjab National Bank (PNB) fraud. “During further investigation, more properties and bank accounts beneficially owned by Nirav Modi were unearthed. “And based […]

  • Wednesday, 07 July 2021
PNB scam: ED issues summons to Nirav Modi's father, sister

New Delhi: The Enforcement Directorate (ED) has issued summons to absconding diamantaire Nirav Modi’s father Deepak Modi, sister Purvi Mehta and her husband Mayank Mehta as part of its probe in the multi-crore Punjab National Bank (PNB) fraud, an official said here on Friday. The fraud was committed during 2011-17 by illegally issuing Letters of […]

  • Wednesday, 07 July 2021
PNB fraud: ED seizes jewellery worth Rs 85 cr in Choksi case

New Delhi: The ED on Thursday seized over 34,000 pieces of jewellery valued at Rs 85 crore in connection with its ongoing probe against absconding businessman Mehul Choksi who is accused along with his diamantaire nephew Nirav Modi of defrauding the Punjab National Bank (PNB) of over Rs 1,300 crore, an official said. The seized […]

  • Wednesday, 07 July 2021
China says won't interfere in Nirav Modi's arrest

Beijing: China on Monday hinted it won’t push for fugitive Indian jeweller Nirav Modi’s arrest, who is suspected to be in Hong Kong, saying the Chinese autonomous region has its own set of judicial rules and India can deal with the authorities directly. India has reportedly asked Hong Kong to arrest the main accused in […]

  • Wednesday, 07 July 2021
Non-bailable warrants issued against Nirav Modi, Mehul Choksi

Mumbai: A special CBI court here on Sunday issued non-bailable warrants (NBWs) against diamantaire Nirav Modi and his uncle Mehul Choksi in connection with Rs 13,500 crore Punjab National Bank (PNB) fraud. The court’s move comes following Central Bureau of Investigation (CBI) request as both the diamond traders, who left the country in January, refused […]

  • Wednesday, 07 July 2021
PNB fraud: CBI questions former RBI Deputy Governor

New Delhi: The CBI on Friday questioned the Reserve Bank of India’s (RBI) former Deputy Governor Harun Rashid Khan in connection with Rs 13,500 crore Punjab National Bank (PNB) fraud involving diamantaire Nirav Modi and his uncle Mehul Choksi, an official said. Informed sources said Khan was also questioned in connection with alleged benefits to […]

  • Wednesday, 07 July 2021
Nirav Modi fraud: CBI quizzes PNB general manager

New Delhi/Mumbai: The Central Bureau of Investigation (CBI) on Monday said it questioned a General Manager of the Treasury Division of Punjab National Bank (PNB) in connection with its ongoing probe into Rs 12,600-crore bank fraud case involving diamond jeweller Nirav Modi and his uncle Mehul Choksi of Gitanjali Group. “The agency officials today (Monday) […]

  • Wednesday, 07 July 2021