PNB Scam
25 Feb 2021
A court in the United Kingdom (UK) will decide today whether beleaguered diamantaire Nirav Modi, wanted in connection with the Punjab National Bank (PNB) scam, must be extradited to India or not.
25 Jun 2019
India's grip is tightening around Mehul Choksi, and soon he might be extradited.
12 Jun 2019
On Wednesday, the Royal Courts of Justice denied the bail application of fugitive businessman Nirav Modi. This was the fourth time that Modi, a prime accused in multi-crore PNB scam, approached a court seeking respite.
26 Apr 2019
On Friday, a UK court rejected bail application of fugitive Indian businessman Nirav Modi for the third time. He was presented before Westminster Magistrates Court via video conferencing.
01 Apr 2019
After his 68 artworks, fugitive billionaire Nirav Modi's 13 luxury cars will reportedly go on auction on April 18.
26 Mar 2019
68 artworks, owned by fugitive billionaire Nirav Modi, which are at display for preview in Mumbai's JK Banquet, are set to go on auction today.
18 Mar 2019
A student from Surat has submitted his doctorate thesis on Prime Minister Narendra Modi. Just like the subject of his research, the name of the student is equally interesting- Mehul Choksi.
09 Mar 2019
Nirav Modi, the fugitive diamantaire wanted in the multi-crore PNB scam, is living freely in London, a report in The Telegraph confirmed.
21 Jan 2019
In what is being seen as a move to avoid extradition to India, fugitive businessman Mehul Choksi has surrendered his Indian passport to the Indian High Commission in Antigua and Barbuda.
13 Dec 2018
Almost half a year after Interpol had issued a red corner notice against absconding diamantaire Nirav Modi, the agency has issued a red corner notice against his uncle and accomplice in the Rs. 14,000cr PNB scam, Mehul Choksi.
06 Nov 2018
After months, authorities have finally made a break in the Rs. 13,000cr PNB fraud case.
25 Oct 2018
The Enforcement Directorate (ED) today said it has attached valuables and jewelry worth Rs. 255 crore in Hong Kong of diamond jeweler Nirav Modi in connection with the alleged $2 billion fraud in Punjab National Bank (PNB).
17 Oct 2018
The Enforcement Directorate (ED) on Wednesday seized assets worth over Rs. 218 crore in the nearly Rs. 13,000 crore loan fraud case probe, officials said.
10 Oct 2018
The man behind the multi-crore banking fraud in India, Nirav Modi, had sold a Canadian national two fake diamond rings costing him $200,000.
01 Oct 2018
On Monday, the Enforcement Directorate attached properties and bank account related to fugitive Nirav Modi worth Rs. 637 crore.
27 Sep 2018
A special court yesterday gave diamond jeweler Mehul Choksi, a key accused in PNB bank fraud case, time till October 30 to file his reply to an Enforcement Directorate (ED) plea seeking to declare him a "fugitive" under Fugitive Economic Offenders Act.
19 Sep 2018
According to Reuters, India's largest law firm, Cyril Amarchand Mangaldas (CAM) has come under scrutiny in connection with the Rs. 14,000cr PNB scam after investigators seized documents relating to the scam from CAM premises.
11 Sep 2018
Beleaguered diamantaire Mehul Choksi on Tuesday said all allegations leveled on him by the Enforcement Directorate are false and baseless.
10 Sep 2018
Interpol has issued a Red Corner Notice (RCN) against Purvi Modi, a Belgian national and absconding billionaire jeweler Nirav Modi's sister, in connection with the alleged $2 billion PNB money laundering case, officials said Monday.
02 Sep 2018
A designated PMLA authority has held that 41 properties worth about Rs. 1,210 crore, attached by the Enforcement Directorate (ED) in the name of absconding diamond jeweler Mehul Choksi and his associated firms, are money laundering assets.
20 Aug 2018
The United Kingdom authorities have confirmed that diamantaire Nirav Modi is in the UK. Further, it has been reported that the CBI has already filed a case for his extradition.
05 Aug 2018
India has submitted a request to Antigua to extradite Mehul Chokdi, Gitanjali Gems chairman, one of the key accused in the Rs. 12,000cr PNB scam.
04 Aug 2018
A special CBI court in Mumbai today granted bail to Vipul Ambani, a senior executive of a firm owned by diamantaire Nirav Modi, in the multi-crore Punjab National Bank scam.
03 Aug 2018
Indian agencies told Antigua that there was no adverse information against Mehul Choksi when the Caribbean country did its background check on the fugitive billionaire before granting him citizenship in May 2017, Antiguan paper the Daily Observer reported.
30 Jul 2018
India requested authorities in Antigua and Barbuda to detain PNB scam fugitive Mehul Choksi after it received information about his presence in the Caribbean island, government sources said today.
24 Jul 2018
Absconding diamantaire Mehul Choksi has left the US to take refuge in the island of Antigua located in the tiny Caribbean country of Antigua and Barbuda.
02 Jul 2018
Indian agencies are one step closer to nabbing Nirav Modi, the prime accused in a Rs. 13,400 crore fraud, after the Interpol issued a Red Corner Notice against him.
20 Jun 2018
It's been months since Nirav Modi started playing cat-and-mouse with Indian authorities. Recently, after reports emerged he was in the UK, he left for Brussels within two days.
18 Jun 2018
Days after he travelled from London to Brussels, reports have claimed that embattled billionaire Nirav Modi made the journey on an Indian passport.
14 Jun 2018
Days after reports surfaced that embattled diamantaire Nirav Modi is in UK, he's understood to have fled to Brussels.
11 Jun 2018
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11 Jun 2018
Billionaire diamantaire Nirav Modi has headed to the UK seeking asylum alleging "political persecution" in India, the latest reports claim.
03 Jun 2018
According to sources, files on the absconding Nirav Modi, Mehul Choksi, and several others wanted for economic offenses were destroyed in a major fire at the premises of the Income Tax Department in Mumbai on Friday.
23 May 2018
The Enforcement Directorate has provisionally attached Rs. 170cr worth of assets belonging to Nirav Modi in connection with the Rs. 13,400cr PNB scam.
15 May 2018
On Tuesday, the fraud-hit Punjab National Bank (PNB) reported a massive net loss of Rs. 13,419.91cr in Q4 of FY17-18.
14 May 2018
Following the filing of the CBI chargesheet today in the PNB scam, the board of the Allahabad Bank was asked to remove Usha Ananthasubramanian as its CEO and MD by Financial Services Secretary, Rajiv Kumar.
14 May 2018
After three FIRs and 19 arrests, the CBI is all set to file its first chargesheet in the Rs. 12,600cr Punjab National Bank (PNB) loan fraud case involving jewellers Nirav Modi and Mehul Choksi.
04 May 2018
PC Jewellers Ltd., which saw its market worth reach $3.6bn at the start of the year is now languishing in misery at less than a quarter of that value.
21 Apr 2018
In a bid to put pressure on economic fugitives and confiscate their properties, the Union Cabinet today approved a proposal to promulgate the Fugitive Economic Offenders Ordinance 2018.
08 Apr 2018
A special CBI court has issued non-bailable warrants against Nirav Modi and Mehul Choksi, both of whom left the country in January.
