Saturday, Jan 28, 2023

PNB fraud


Nirav Modi made a 'convenient scapegoat', cannot get fair trial in India: Markandey Katju to London court

September 12, 2020 10:37 am

"Is it at least possible, you are something of a self-publicist who will make any outrageous statements for the purpose of courting the press," questioned barrister Helen Malcolm, to which Katju replied "you are entitled to your opinion".

Punjab National Bank shares tank nearly 7% post Rs 3,688 crore DHFL fraud

July 10, 2020 1:55 pm

The stock of Punjab National Bank (PNB) plunged 6.73 per cent to Rs 34.60 on the BSE. On the NSE, it tanked 6.73 per cent to Rs 34.60.

Belgian auditor traces fake transactions and imports by Nirav firms

September 13, 2020 9:52 am

The auditor noted that “the anomaly indicates potentially fictitious import transactions where the actual movement of goods have not taken place”.

PNB fraud: CBI plea for polygraph, narco tests on ex-staffer rejected

September 04, 2019 2:38 am

The CBI had last month moved applications in separate cases of alleged conspiracy to defraud PNB to the tune of Rs 13,400 crore, seeking lie-detector tests on Shetty claiming it wanted to ascertain the “undue pecuniary advantage” he obtained in violating bank rules in favour of Modi and Choksi.

Nirav Modi remanded to custody in UK prison until August 22

July 25, 2019 4:18 pm

Nirav Modi, 48, has been lodged at Wandsworth prison in south-west London, since his arrest in March in connection with the nearly USD 2 billion PNB fraud, and money laundering case.

DRT orders Nirav Modi, his firms and companies to repay debts of Rs 7,300 cr to PNB

July 07, 2019 5:06 am

Modi is currently lodged at Wandsworth prison in south-west London in United Kingdon since his arrest on March 19 this year by the Scotland Yard police in connection with the nearly USD 2 billion PNB fraud and money laundering case.

UK court denies bail to Nirav Modi for third time

May 08, 2019 10:08 pm

Modi's defence team doubled the bail security to two million pounds and offered that he would stay on 24-hour curfew at his London flat claiming that conditions in the prison were "unliveable".

PNB fraud: Fugitive diamantaire Nirav Modi's art collection goes under the hammer

March 26, 2019 9:55 pm

The IT department had recovered the artworks after sealing Nirav Modi's properties and selected Saffronart to conduct an auction on their behalf, after a screening process that lasted a few weeks.

PNB fraud: Mumbai court issues non-bailable warrant against Nirav Modi's wife

March 16, 2019 12:54 am

The financial crime probe agency has alleged that Ami Modi used an international bank account to move USD 30 million, suspected to be proceeds of the scam.

After Nirav Modi, kin fled India, US firm gave them Rs 50 crore via credit cards: probe

March 14, 2019 7:08 am

Saumil Diam LLC, a company that has links to both Nirav Modi and his maternal uncle Mehul Choksi, accused of fraudulent transactions at PNB, allegedly allowed Nirav Modi and his kin the use of its corporate credit cards, sources told The Indian Express.