PNB fraud

PNB fraud News

Explained: What is the significance of Choksi surrendering his passport?

Choksi had left India just before CBI registered an FIR against him and his nephew Nirav Modi in February 2018. After sustained efforts by the CBI and Enforcement Directorate (ED), Interpol last month published a Red Notice against him.

Nirav Modi: Can't return for safety concerns, case being politicised

Filing a reply to the ED's petition, Nirav Modi's lawyer said the diamantaire feared for his safety given the threats made against him "as illustrated by the burning of his effigies".


Nirav Modi located in UK, British authorities inform India: Govt

"In August 2018, the government sent two requests, one from the CBI and the other from the Enforcement Directorate, to the authorities of the UK seeking the extradition of Nirav Modi to India," Minister of State for External Affairs V K Singh told Rajya Sabha said.

Nirav Modi's illegal bungalow in Alibaug razed, Govt informs Bombay HC

Government counsel advocate P B Kakade told a bench of Chief Justice Naresh Patil and Justice M S Karnik that it had served demolition notices to another 58 private properties in the area constructed in violation of the state's rules and coastal zone norms.

Now, state bank CEOs can request look-out circulars against wilful defaulters

A Home ministry notification said CEOs of PSBs have been added to the list of officials who can now make a request for issuance of LOCs to the ministry.

Multi-crore PNB fraud: CBI gets govt sanction to prosecute bank's executive director

“Earlier this week, we had received prosecution sanction from the government on Rao and it has been communicated to the court. Now, with the sanction in place, Rao like others would also stand trial,” a senior official said.


Mehul Choksi case: CPM demands Arun Jaitley’s resignation over ‘conflict of interest’

“The FM must either defend himself or resign pending further investigation. If he opts for none, the PM must recommend to the President to remove the FM from his Cabinet. If none of these happens the entire Opposition should demand resignation of the PM,” Mishra wrote sharing Gandhi’s tweet.

PNB scam: ED attaches over Rs 218-crore assets of Mehul Choksi, others

Besides Choksi, Mihir Bhansali, a close aide and US-based executive of main accused in the case Nirav Modi, and a company named A P Gems and Jewellery Park have been named as the beneficiaries of these assets.

PNB fraud case: Police scrutinise major law firm Cyril Amarchand Mangaldas after documents moved

The CBI first learnt of Cyril Amarchand Mangaldas’ possession of the documents when it questioned Nirav Modi's office staff, the police source said.

PNB fraud: Interpol panel to decide India's pending red corner notice request against Mehul Choksi next month

The CBI has given a very strong rebuttal to the claims of the fugitive billionaire who is alleged to be the mastermind of India's biggest financial scam running into over 2 billion US dollars in Punjab National Bank, the officials said.