ED brings back polished diamonds, pearls worth Rs 1,350 crore from Nirav Modi and Mehul Choksi's Hong Kong-based firms
The valuables include polished diamonds, pearls and silver jewellery, and is worth Rs 1,350 crore. The ED completed 'all legal formalities' with authorities in Hong Kong to bring back these valuables, the agency said.
Antigua to revoke Mehul Choksi's citizenship: PM of Caribbean nation says he will be extradited to India after exhausting all legal options
Antigua and Barbuda has agreed to revoke the citizenship of economic offender Mehul Choksi, who is accused in the PNB scam along with nephew Nirav Modi.
PNB scam: Bombay HC seeks report from JJ Hospital doctors on Mehul Choksi's health; Antigua to revoke citizenship
Choksi, accused of money laundering by the Enforcement Directorate in the multi-crore PNB scam, is presently in Antigua and has told the high court that he is unable to travel to India due to ill health.
PNB fraud: Nirav Modi diverted Rs 934 crore to personal accounts maintained abroad, says ED's fresh chargesheet
The ED officials said the chargesheet or the prosecution complaint was filed against Nirav Modi before a special PMLA court in Mumbai a few days ago
Punjab National Bank fraud: PMLA court issues open-ended non-bailable warrant against Nirav Modi and 12 other accused
Nirav Modi and others are being probed under various criminal laws after the fraud came to light in January
State-owned Punjab National Bank (PNB) on Wednesday said the Hong Kong Monetary Authority (HKMA) has enhanced supervision of its Hong Kong branch
PNB, India’s second-largest state-run bank, disclosed in February that two jewellery groups had defrauded it by raising credit from overseas branches of other Indian banks using illegal guarantees issued by rogue PNB staff over several years.
The news report claimed that Nirav first fled to UAE from Mumbai, from where he moved to Hong Kong in March third week.
Fraud-hit Punjab National Bank to hire detectives to hunt down untraceable borrowers; invites applications from agencies
Fraud-hit Punjab National Bank (PNB) has invited applications for empanelment of detective agencies to locate its untraceable borrowers
PNB fraud: ED reaches out to 13 countries for information of assets owned by Nirav Modi, Mehul Choksi
ED has got in touch with authorities in 13 countries to secure information assets owned by Nirav Modi and his uncle Mehul Choksi, both wanted in PNB fraud
I-T department is reportedly set to launch legal action against Nirav Modi, who is wanted in connection with PNB fraud, under Black Money Act
PNB fraud: SC to decide maintainability of PIL seeking court-monitored probe into over Rs 11,000 crore scam
SC said it will decide whether PIL seeking a court-monitored probe into over Rs 11,000 crore Punjab National Bank (PNB) fraud case is maintainable or not
The CBI questioned a former deputy governor of RBI in connection with Rs 13,500 crore PNB fraud involving diamantaire Nirav Modi and his uncle Mehul Choksi
The Punjab National Bank (PNB) has refused to provide any information pertaining to absconding scamster, diamantaire Nirav Modi, to queries sought under RTI
No Nirav Modi firm featured in list of 2.26 lakh companies deregistered as part of anti-black money measure: Govt
As part of larger efforts to curb the black money menace, the corporate affairs ministry has deregistered little over 2.26 lakh companies.
PNB fraud, the biggest in the Indian banking sector, is alleged to have been perpetrated by way of fraudulent Letters of Understanding.
Opposition protests over Punjab National Bank fraud case forces Lok Sabha to be adjourned for the day
The logjam in Lok Sabha continued for the fifth consecutive day on Friday, amid continuing protests by Opposition over PNB fraud and other issues
Mallya to Modi: Rs 26,000-cr bank scams call for massive crackdown on erring bankers, but no witch-hunt
A series of investigations by central investigative agencies into the telecom, mining and real estate sectors had left every banker with the fear of getting prosecuted.
PNB head Sunil Mehta likely to appear before SFIO after agency summoned Chanda Kochhar and Shikha Sharma
As part of the investigation, the SFIO has issued summons to heads of over 30 banks that have exposure to companies of diamond traders Nirav Modi and Mehul Choksi.
PNB fraud: Gitanjali Group VP Vipul Chitalia sent to police custody, ED to issue LRs to over 15 countries
ED would be sending the LRs to countries like the United States, the UK, the UAE, Hong Kong, Singapore, South Africa and others.