Pnb Case

PNB fraud: Nirav Modi's assets, valuables worth Rs 255 cr seized by Enforcement Directorate in Hong Kong

Earlier, on 30 September, the ED had attached assets worth Rs 637 crore of Modi and his family, including two apartments in New York’s iconic central park, as part of its fresh action in the $2 billion alleged bank fraud in the PNB.

PNB case: Court issues public notices for appearance against Nirav Modi, family under fugitive Act

The Fugitive Economic Offenders Act came into force from 31 July.

SEBI never gave clean chit report to enable Mehul Choksi to get Antigua citizenship, says senior official

Market regulator SEBI is continuing with its probe into alleged violation of capital market regulations by Mehul Choksi-Nirav Modi duo and their associates in connection with two listed firms- PNB and Gitanjali Gems

PNB fraud: Antigua gave Mehul Choksi citizenship post background checks and police clearance; setback to India's extradition attempt?

It would be difficult to revoke Choksi citizenship as it is possible for the government for it entails a legal process. Choksi is protected by the law in Antigua

Govt seeks fugitive diamantaire Nirav Modi's extradition from UK in over Rs 13,500 PNB case

Nirav Modi along with his uncle Mehul Choksi of the Gitanjali group are being probed in the fraud scam by the CBI and the Enforcement Directorate (ED).

Interpol issues Red Corner Notice against Nirav Modi: Fugitive diamantaire can be arrested by any member state now

The records the CBI provided to the Interpol included the non-bailable warrants issued by a Mumbai special court and the details of the charge sheets filed in the case etc.

PNB scam: PMO steps in, wants agencies to probe into new evidence provided by a whistleblower

PNB had alleged in January this year that its Mumbai branch had fraudulently issued LoU and FLC to Nirav Modi firms in connivance with deputy manager Gokulnath Shetty and other bank officials

Punjab National Bank moving to quickly resolve disputes with peer banks over fraud by end of month: Source

Bankers have said the fraud could lead to increased scrutiny of Indian banks operating overseas, and risks undermining foreign lenders’ trust in India’s banking sector if not tackled swiftly.

PNB Rs 11,400 cr fraud case: Finance Minister Arun Jaitley slams regulators' failure to detect scam

Regulators should have a "third eye" open to detect and check such frauds.

Punjab National Bank fraud: Nirav Modi case expands to around Rs 3,000 crore and 17 banks

Nirav Modi, the now-infamous billionaire diamond king did not just use Punjab National Bank to money launder Rs 280 crore but also managed to get an additional Rs 3,000 crore from around 17 banks