Articles about PNB Scam
12 Jun 2021
Mehul Choksi masterminded PNB scam: Indian authorities tell Dominican court
Diamantaire Mehul Choksi masterminded the Rs. 13,500 crore Punjab National Bank (PNB) scam, Indian authorities told Dominica's High Court of Justice on Saturday.
12 Jun 2021
Mehul Choksi denied bail by Dominica High Court
The Dominica High Court has denied bail to fugitive diamantaire Mehul Choksi in the case of illegal entry into the island country, local Caribbean media reported.
09 Jun 2021
Choksi's alleged girlfriend Barbara Jabarica denies role in his 'abduction'
Barbara Jabarica, the alleged girlfriend of fugitive businessman Mehul Choksi, has rubbished reports that she was involved in his recent purported abduction.
07 Jun 2021
Was thrashed brutally, abducted from Antigua to Dominica: Mehul Choksi
Fugitive diamantaire Mehul Choksi—accused in the Rs. 13,500-crore Punjab National Bank fraud case—claimed he was thrashed and abducted by some men claiming to be Antiguan policemen on May 23, the day he mysteriously went missing from Antigua and Barbuda.
03 Jun 2021
Mehul Choksi denied bail by Dominica court over illegal entry
Mehul Choksi - the 62-year-old fugitive founder of India-based Gitanjali Group - has been denied bail by a court in Dominica for illegally entering the Caribbean island country from Antigua and Barbuda.
31 May 2021
Choksi's 'romantic trip' with girlfriend reportedly landed him in jail
Mehul Choksi - the fugitive Indian diamantaire - had probably planned a "romantic getaway" with his girlfriend before that plan turned awry and he was arrested in Dominica, Antigua and Barbuda's Prime Minister said citing reports.
25 May 2021
Mehul Choksi, fugitive businessman, goes missing in Antigua; probe on
Mehul Choksi - the fugitive jewelry businessman wanted in India in connection with the Rs. 14,000 crore PNB loan fraud - has gone missing in the island nation of Antigua and Barbuda, where he had been residing since 2018.
26 Feb 2021
Arthur Road jail readies special cell to lodge Nirav Modi
With a UK court ruling in favor of extradition of fugitive diamond merchant Nirav Modi, wanted in India on charges of fraud and money laundering in Punjab National Bank (PNB) scam case, Mumbai's Arthur Road jail has kept a special cell ready to lodge him, an official said on Friday.
25 Feb 2021
UK court to decide on Nirav Modi's extradition today
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
Mehul Choksi will be extradited, says Antigua's PM
India's grip is tightening around Mehul Choksi, and soon he might be extradited.
12 Jun 2019
Nirav Modi's fourth bail plea rejected by UK court
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
London court rejects Nirav Modi's bail plea for third time
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
Nirav Modi-owned 13 luxury cars to go under hammer
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 billionaire Nirav Modi up for auction
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
Mehul Choksi's namesake just submitted thesis on PM Modi
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 spotted in London, running diamond business: Report
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
#PNBScam: Mehul Choksi gives up Indian citizenship to avoid extradition
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
#PNBScam: Interpol issues red corner notice against Mehul Choksi
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
PNB Scam: Mehul Choksi's associate Deepak Kulkarni arrested in Kolkata
After months, authorities have finally made a break in the Rs. 13,000cr PNB fraud case.
25 Oct 2018
ED seizes Nirav Modi's Rs. 255cr-worth assets in Hong Kong
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
PNB Fraud: ED attaches Rs. 218.46cr-worth assets of Choksi, others
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
Nirav Modi's fake diamonds cost this Canadian man his relationship
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
PNB scam: ED attaches Nirav Modi's property worth Rs. 637cr
On Monday, the Enforcement Directorate attached properties and bank account related to fugitive Nirav Modi worth Rs. 637 crore.
27 Sep 2018
#PNBScam: Choksi gets time to reply to ED plea
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
PNB Scam: India's largest law firm under investigators' scanners
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
PNB scam: ED's allegations are baseless, claims Mehul Choksi
Beleaguered diamantaire Mehul Choksi on Tuesday said all allegations leveled on him by the Enforcement Directorate are false and baseless.
10 Sep 2018
#PNBScam: Interpol issues Red Corner Notice against Nirav Modi's sister
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
Mehul Choksi's properties are money laundering assets: PMLA Authority
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
United Kingdom authorities confirm Nirav Modi is in UK
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 submits extradition request for Mehul Choksi to Antigua
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
PNB Scam: Senior executive of Nirav Modi's firm gets bail
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 no adverse records against Choksi: Report
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 asked Antigua to detain Choksi: Details here
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
PNB Scam: Choksi moves to Antigua, takes up local passport
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
PNB Fraud case: Interpol issues Red Notice against Nirav Modi
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
How is Nirav Modi traveling with revoked Indian passport?
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
Nirav Modi still traveling on Indian passport despite revocation: Reports
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
After fresh-speculation on whereabouts, Nirav Modi flees to Brussels: Reports
Days after reports surfaced that embattled diamantaire Nirav Modi is in UK, he's understood to have fled to Brussels.
11 Jun 2018
Business Roundup: Here are today's top 5 Business news
Here's your daily dose of top five business news.
11 Jun 2018
Embattled billionaire Nirav Modi seeking political asylum in UK: Reports
Billionaire diamantaire Nirav Modi has headed to the UK seeking asylum alleging "political persecution" in India, the latest reports claim.