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Monday, July 04, 2022

PNB Fraud Case


PNB case: ED names Choksi's wife in supplementary chargesheet, says was 'hand in glove' with husband

June 07, 2022 12:44 am

Kothari and Choksi along with three companies controlled by them as well as PNB's former employee Gokulnath Shetty have been named as accused in the chargesheet. Last week, a special court took cognizance of the chargesheet and issued process against them.

UK court hears Nirav Modi extradition appeal on mental health grounds

December 14, 2021 10:32 pm

The court heard of an additional assurance from the Indian authorities on November 13, which reiterates previous commitments of adequate specialist medical care and an ambulance at hand were Nirav to be extradited to Mumbai.

PNB fraud case: New warrant issued against Mehul Choksi

June 19, 2021 9:40 pm

The CBI claimed that since December 2017, Mehul Choksi had the knowledge about the impending criminal proceedings against him and the companies linked to him.

PNB-led consortium likely to move court seeking release of assets worth Rs 1,000 cr attached by ED

July 20, 2020 1:16 am

The consortium is set to move the court under Section 8 (8) of the Prevention of Money Laundering Act (PMLA) to stake its claim on the mortgaged assets attached by the ED, said sources.

PNB fraud case: ED retrieves valuables worth over Rs 1,350 crore from UAE, Hong Kong

June 11, 2020 6:01 am

The valuables were retrieved as part of 108 consignments belonging to entities floated by the uncle-nephew duo in UAE and Hong Kong.

PNB fraud case: Nirav Modi's extradition trial to begin today in UK

May 11, 2020 10:32 am

The five-day hearing starting on Monday relates to the Indian government's extradition request certified by the UK government last year.

SEBI imposes Rs 5-crore fine on Mehul Choksi, others in PNB case

February 28, 2020 1:00 am

The regulator said it is imposing a fine totalling Rs 5 crore on Choksi, Gitanjali Gems and Dhanesh Sheth, executive director at Gitanjali.

Bombay HC judge recalls own order that gave Nirav Modi relief from being declared fugitive economic offender

February 20, 2020 7:32 am

Justice AM Badar, on January 6, in an ex-parte order, directed a trial court to not pass a final order against Modi on the fugitive economic offender (FEO) issue.

PNB fraud case: Nirav Modi to appear for remand hearing in UK

January 30, 2020 2:28 pm

The 48-year-old, who has been lodged at Wandsworth Prison in south-west London, will appear via videolink from prison. His extradition trial is scheduled for five days starting May 11, with the case management hearings in the case set to begin soon.

Audit flags big differences in expenditure, inventory of Nirav firms with those of ‘peers’

September 13, 2020 9:52 am

While Nirav Modi and his Group are recognised as diamond traders, a large volume (61.44%) of their imported goods — for which the Letters of Undertaking were issued — comprised pearls