PNB fraud: Nirav Modi likely to seek bail; proceedings may follow pattern similar to Vijay Mallya case
Nirav Modi is now believed to be running a new business, which describes itself on the UK's Companies House register as a wholesale trader in watches and jewellery and a retailer of watches and jewellery in specialised stores.
PNB fraud: Enforcement Directorate gets PMLA court's permission to auction 173 paintings, 11 cars belonging to Nirav Modi
Last week, the court had issued a non-bailable warrant against Ami Modi, wife of Nirav Modi, a key accused in the $2 billion Punjab National Bank fraud case.
PNB fraud: Mumbai court issues non-bailable warrant against fugitive diamantaire Nirav Modi's wife, Ami
The warrant against Nirav Modi's wife, Ami was issued by Special Prevention of Money Laundering Act (PMLA) Judge M S Azmi after he took cognisance of the supplementary charge sheet filed by the ED against Nirav Modi (48) and other accused a few days ago
District collector Vijay Suryawanshi issued demolition orders for the bungalow after the Enforcement Directorate handed over the property in connection with the Rs 13,000 crore alleged PNB fraud case.
PNB fraud: Mehul Choksi gives up Indian citizenship, surrenders passport to Antiguan govt in a bid to avoid extradition
Mehul Choksi is wanted in India by the CBI and ED probing the $2 billion PNB fraud
Nirav Modi says he cannot return to India as he 'fears for his life', claims ED is 'guilty of committing fraud'
Fugitive diamantaire Nirav Modi, who is wanted by several probe agencies in India in connection with a Rs 13,500 crore PNB fraud case, said that he will not return to India as he "fears for his life".
Earlier this year, the government formed an inter-ministerial panel to look into various issues, including how to put a check on wilful defaulters fleeing the country.
'Is parallel system running in jails?': Supreme Court frowns over 'special treatment' to Chandra brothers
The apex court also flagged the issue raised in recent media reports about use of mobile phones inside jails in several states, including Bihar.
PNB fraud case: Mehul Choksi tells special court in Mumbai he will appear before it if he is fit to travel
Mehul Choksi, accused of involvement in the over USD 2 billion fraud at Punjab National Bank, has told a special court in Mumbai that he will appear before it if he is fit to travel.
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.
The ED is probing this case along with the CBI where it is alleged that Nirav Modi and Choksi defrauded the Brady House branch of the Punjab National Bank (PNB) in Mumbai to the tune of about $2 billion (over Rs 13,000 crore) in alleged connivance with officials.
Amalgamation not on cards; focus on internal consolidation, making bank financially healthy, says PNB MD Sunil Mehta
PNB has registered credit growth more than the industry average, and appreciating the pace of recovery, the government has decided to provide Rs 5,431 crore capital support.
PNB scam: Antigua govt assures India full cooperation in extradition of fugitive diamantaire Mehul Choksi
Sushma Swaraj met Foreign Minister of Antigua and Barbuda EP Chet Greene in New York on the sidelines of the 73rd session of the UNGA and raised the extradition issue of Mehul Choksi.
Fraud-hit PNB invites bids for nearly two dozen NPAs to recover over Rs 1,320 cr; intensifies efforts to cut bad loans from balance sheet
These accounts of PNB are concentrated at Mumbai, Chennai, Delhi, Patna, Chandigarh and Patna zones of Punjab National Bank.
PNB scam: Mehul Choksi diverted over Rs 3,250 cr to foreign shores; sold jewellery at inflated prices: ED
Mehul Choksi, talking to some media organisations, has termed ED's allegations as "false and baseless".
PNB fraud: Interpol issues Red Corner Notice against Nirav Modi's sister Purvi in money laundering case
Last week Interpol issued an Red Corner Notice against Mihir R Bhansali, a close confidante and senior executive of Nirav Modi
The bank made a recovery from bad loans to the tune of Rs 7,700 crore in the first quarter ended June, 2018-19 as a result of its turnaround strategy it adopted last year
BSE said, trading in securities of the nine companies will be suspended from 10 September 2018 on account of non-compliance with Regulation 33 of LODR Regulations for two consecutive quarters
PNB scam: Investigators want to question Nirav Modi’s confidant Mihir Bhansali after emergence of shocking new details
According to sources Bhansali, who lives in a $7 million Manhattan apartment overlooking the sublime Hudson River, was not only the top executive of Firestar Diamond but an active collaborator helping Modi pull off the biggest fraud in the Indian banking history.