Tag: Pnb Fraud Case

Choksi had filed a case in the high court of Dominica, seeking to quash the proceedings against him alleging that his arrest was "dictated" by representatives of the Indian government.

New Delhi: The Enforcement Directorate on Tuesday said that it has arrested from Kolkata a director of a shell company of fugitive diamentaire Mehul Choksi in the Rs 13,500 crore Punjab National Bank (PNB) fraud case. “We have arrested Deepak Krishna Rao Kulkarni from Kolkata Airport on the basis of a Look Out Circular (LOC) […]

Mumbai: Fugitive diamond merchant Nirav Modi, a prime accused in the PNB fraud case, told a court here Saturday that he cannot return to India due to safety concerns and also because his case has been politicised. Modi’s lawyer filed his reply to the Enforcement Directorate’s (ED) plea seeking to declare the diamond merchant a […]

The latest rejection leaves Nirav Modi with one chance to make his case at a brief oral hearing in the high court with a renewed "leave to appeal" application for a judge to determine if it can proceed to a full appeal hearing.

The Indian authorities have described fugitive businessman Mehul Choksi, who is wanted in India in the Rs 13,500 crore Punjab National Bank (PNB) fraud case as an Indian citizen in its affidavit filed in the Dominican High Court, saying that his application for renunciation of citizenship was "rejected".

The CBI and External Affairs Ministry have sought to implead in the Habeas Corpus matter, which seeks return of Choksi to Antigua and Barbuda, by filing two affidavits in Dominica High Court, officials said here.

Mehul Choksi, who is facing charges of entering Dominica illegally, has stated that that he has been residing in Antigua and Barbuda for the last three years, and there he came in contact with Jabarica, who used to stay in his neighbourhood.

The private Qatar jet left from Dominica on Thursday along with the eight member team of the Central Bureau of Investigation (CBI), Enforcement Directorate, Ministry of External Affairs officials and two CRPF commandos.

Even as a private jet from Qatar landed in Dominica with documents related to fugitive businessman Mehul Choksi, wanted in the PNB loan fraud case, sources on Tuesday said members of the Central Bureau of Investigation, Enforcement Directorate and Ministry of External Affairs are camping in the island nation.

New Delhi: Key accused in the PNB fraud case, Mehul Choksi on Thursday said the state-run Punjab National Bank intentionally “destroyed” Gitanjali Gems, the luxury brand owned by him, with an aim to hide its “own wrongdoings”. He said that the company should not have been taken for liquidation and kept afloat instead, even if […]

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 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 […]

Pune/Mumbai: Spelling relief for Punjab National Bank (PNB), the Debt Recovery Tribunal (DRT) in Pune has ordered absconding diamantaire Nirav Modi and his group companies to pay Rs 7,200 crore to PNB and others with interest, official sources said here on Saturday. The DRT’s final order came on a plea filed by the PNB in […]

New Delhi: Another fraud, this time amounting to Rs 3,805.15 crore has been reported at the state-run Punjab National Bank (PNB), this time by the now-insolvent Bhushan Power and Steel Ltd (BPSL). In February 2018, the Rs 13,500-crore scam involving diamantaires Nirav Modi and Mehul Choksi had come to light at the PNB. In a […]

London: A British court on Thursday extended till August 22 the judicial custody of Nirav Modi in connection with the Rs 13,500 crore Punjab National Bank (PNB) fraud case. The Westminster Magistrates Court ordered the Metropolitan Police to place him in its custody till the next hearing on August 22. The 48-year-old businessman, wanted in […]