Mihir Bhansali

PNB fraud: Bank accuses Nirav Modi, team of rigging US bankruptcy auction; moves New York court

PNB has also claimed that before filing bankruptcy petition, Modi’s right hand man Mihir Bhansali was in touch with the fugitive diamantaire

PNB Scam Exclusive: Nirav Modi, Mehul Choksi siphoned off crores to Belgium, but getting details may take 3-4 years

According to sources, Nirav Modi who defrauded Punjab National Bank (PNB) of over Rs 12,000 crore, siphoned off a major chunk of the ill-gotten money into two Belgium-based companies — Nirav Modi Limited (formed on 11 October, 2017) and Nirav Modi Jewels BVBA (formed in 2013)

PNB scam: US bankruptcy court stops creditors from collecting debts from Nirav Modi's Firestar Diamond firm

A US court passed an interim order that prevents creditors from collecting debt from Nirav Modi-owned Firestar Diamond Inc after it filed for bankruptcy.