Tag: Nirav Modi

New Delhi: Fugitive diamantaire Nirav Modi, who is wanted by Indian agencies in the Rs 13,500 crore Punjab National Bank fraud case, has been spotted in London, a media report said. A video released by the UK’s The Telegraph newspaper showed Nirav Modi walking the London streets. He wore a changed look — with handle […]

New Delhi: Nirav Modi, the Indian diamantaire wanted in a multi-crore bank fraud, is living in a swanky Rs 75-crore flat in a posh London locality and has a flourishing new diamond business, a UK daily reported on Saturday. Accused in the Rs 13,500 crore Punjab National Bank (PNB) fraud case, Nirav Modi is living […]

London/New Delhi: A court in London has issued an arrest warrant against fugitive Indian diamantaire Nirav Modi, accused in the Rs 12,700 crore bank, confirmed the Enforcement Directorate (ED) on Monday. According to the ED, the Westminster Court issued the arrest warrant against Nirav Modi on March 13. The Indian government had moved an extradition […]

London: Fugitive diamantaire Nirav Modi, the main accused in the USD 2 billion PNB scam case, was arrested on Wednesday by Scotland Yard in London. The arrest came days after a London court issued an arrest warrant against him in response to a request by the Enforcement Directorate for his extradition in a money laundering […]

New Delhi: India on Wednesday declared the arrest of bank fraud accused Nirav Modi in London and said it continues to actively follow up the matter with British authorities concerned to extradite him at the earliest. “With a view to have Nirav Modi extradited to India at the earliest, the Government of India continues to actively […]

New Delhi: The Enforcement Directorate (ED) will soon start the auction of 173 paintings and 11 vehicles of fugitive diamantaire Nirav Modi after it obtained permission from a special court in Mumbai on Wednesday. The development comes after Nirav Modi was arrested in London’s Holborn on Tuesday afternoon in connection with Rs 13,500 crore Punjab […]

New Delhi: A joint team of the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) will leave for London on Wednesday night to attend the extradition hearing of fugitive diamantaire Nirav Modi who was arrested in London last week in connection with the Rs 13,500 crore Punjab National Bank loan default case, officials […]

New Delhi: Key accused in the PNB fraud case, Mehul Choksi on Monday said that the actual culprits of the Rs 14,000 crore fraud are roaming free and being protected, while he has been implicated without any evidence. In a statement, Choksi accused Debajyoti Dutta, proprietor of Rishika Financials and Gokulnath Shetty, Deputy Manager of […]

Asansol: Union Minister and BJP candidate in West Bengal’s Asansol Lok Sabha seat, Babul Supriyo, feels the opposition alliance will never materialise or cause any trouble to Narendra Modi regime, as it is only a “desperate attempt by corrupt political leaders to take a backdoor exit” from the grave charges they face. Talking to IANS on […]

Ranchi: Congress President Rahul Gandhi on Thursday alleged that the Narendra Modi government has waived Rs 5.5 lakh crore loan of the industrialists in the last five years but has not done enough for farmers, youths or traders. “Narendra Modi has not worked for the farmers, youths, traders rather he worked only for 15 people […]

New Delhi: State-run Punjab National Bank (PNB) on Tuesday posted a loss of Rs 4,750 crore in the fourth quarter of the last fiscal ended March, against the net profit of Rs 13,417 crore in the same period a year ago, the bank said. PNB slipped back into losses during the quarter in consideration after […]

London: The UK High Court Tuesday began hearing fugitive diamond merchant Nirav Modi’s appeal against a lower court’s order to deny him bail as he fights his extradition from Britain to India in the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case. Justice Ingrid Simler at the Royal Courts of […]

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 […]

New Delhi: The Enforcement Directorate (ED) on Saturday rejected a plea by fugitive diamantaire Mehul Choksi that he should be questioned in Antigua because of his health condition and said it can arrange air ambulance with medical experts to bring him back to India for interrogation in connection with the PNB fraud case. Choksi, who […]

London: Fugitive diamantaire Nirav Modi is set to appear via videolink from prison for a routine remand hearing before Westminster Magistrates’ Court in London on Thursday. The 48-year-old, who has been lodged at Wandsworth prison in south-west London since his arrest in March in connection with the nearly USD 2 billion Punjab National Bank (PNB) […]