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PNB fraud

Mehul Choksi says not related to firm involved in PNB fraud, claims innocence

Choksi and his nephew Nirav Modi, both owners of jewellery store chains, are alleged to have colluded with two employees of PNB in the alleged fraud.

Mar 28, 2019, 10:49 AM IST

Nirav Modi extradition: CBI team likely to leave for London

A CBI team is likely to leave for London to assist local authorities in the extradition case of fugitive diamantaire Nirav Modi whose bail plea will come for hearing before a court there on Friday, officials said.

Mar 27, 2019, 10:57 AM IST

Fugitive proceedings listed against Mehul Choksi in PMLA court, next hearing on April 9

Choksi, through his advocates said that entire proceedings against him are bad in law.

Mar 22, 2019, 14:40 PM IST

UK court denies bail to Nirav Modi, next hearing on March 29

Modi allegedly cheated Punjab National Bank through fraudulent issuance of Letters of Undertakings and Foreign Letters of Credit.

Mar 20, 2019, 18:22 PM IST

Nirav Modi arrested in London, to be produced in court shortly

The External Affairs ministry has already sent  an extradition request to the United Kingdom.

Mar 20, 2019, 15:07 PM IST

Nirav Modi's seaside bungalow demolished using explosives

Modi's bungalow was attached by the ED following his involvement in the Punjab National Bank fraud case.

Mar 08, 2019, 12:38 PM IST

RBI slaps Rs 1 crore fine on Yes Bank for non-compliance in Swift operations

Fine of Rs 3 crore was imposed on Union Bank, Rs 2 crore on Dena Bank, and Rs 1 crore each on IDBI and the SBI.

Mar 05, 2019, 10:51 AM IST

ED attaches properties worth Rs 147 crore belonging to Nirav Modi

The Enforcement Directorate (ED) on Tuesday attached properties belonging to absconding diamantaire Nirav Modi and his associate companies worth Rs 147 crore under sections of the Prevention of Money Laundering Act (PMLA).

Feb 26, 2019, 13:42 PM IST

Nirav Modi's Alibaug mansion being demolished after Bombay HC order

Authorities have started the demolition of fugitive diamond merchant Nirav Modi's bungalow in Alibag area of Maharashtra. Nirav Modi, along with his maternal uncle Mehul Choksi, has been accused of defrauding state-owned Punjab National Bank of Rs 13,700 crore. As per an India Today TV report, the Raigad district collectors' office has started demolishing Nirav Modi's bungalow after receiving the Bombay High Court order against the illegal structure.

Jan 25, 2019, 15:06 PM IST

PNB fraud: Mehul Choksi surrenders Indian passport to Antiguan government

Mehul Choksi, one of the key architect of the Rs 14,000 crore PNB fraud has surrendered his Indian citizenship. Absconding Choksi is currently in Antigua where he took citizenship last year. He has deposited his Indian passport to the Antiguan authorities. Passport number Z. 3396732 has been deposited with cancelled pages. He has also deposited the mandatory $177 dollar for leaving Indian citizenship. Watch full video to know more.

Jan 21, 2019, 11:10 AM IST

Interpol issues Red Corner Notice against Mehul Choksi: CBI

Choksi, who escaped in the first week of January this year after he and his companies cheated the bank of Rs 7,000 crore, has taken citizenship of Antigua.

Dec 13, 2018, 14:07 PM IST

PNB scam: Will appear if I'm fit to travel, says Mehul Choksi to PMLA Court

Choksi is not fit to travel, so his statement can be recorded through video conferencing or ED officers can visit Antigua and take his statement, Choksi's lawyer told the court.

Nov 18, 2018, 17:07 PM IST

PNB Scam: ED to seek transit remand of key Choksi aide arrested in Kolkata

Deepak Kulkarni was the director of Choksi’s dummy firm in Hong Kong and a Look Out Circular was issued against him by ED and CBI earlier.

Nov 06, 2018, 09:32 AM IST

PNB fraud: ED arrests man linked to Choksi's businesses from Kolkata airport

Kulkarni was linked to the overseas businesses of Choksi, one of the main accused in the case, and the ED had notified a Look-out Circular (LoC) against him.

Nov 06, 2018, 00:51 AM IST

PNB fraud: ED attaches Nirav Modi's valuable assets worth Rs 255 crore in Hong Kong

The Enforcement Directorate (ED) has attached valuables worth Rs 255 crore in Hong Kong belonging to Nirav Modi under PMLA.

Oct 25, 2018, 10:10 AM IST

PNB fraud: ED attaches Rs 637 crore assets of Nirav Modi, family in 5 countries

There are only very few cases where Indian agencies have attached assets abroad in a criminal probe.

Oct 01, 2018, 10:55 AM IST

India's largest law firm had details of Nirav Modi's dealings with PNB, under scrutiny

PNB in January alleged that billionaire diamond jeweller Nirav Modi and his uncle had for years fraudulently raised billions of dollars in foreign credit by conspiring with staff at the bank.

Sep 19, 2018, 06:22 AM IST

PNB scam: Mehul Choksi sends 2nd video message from Antigua; says worried about shareholders, employees

Mehul Choksi has refused to join investigation in spite of repeated summons by the agencies to appear for questioning.

Sep 12, 2018, 12:28 PM IST

PNB scam: Mehul Choksi sends video message from Antigua, says 'all allegations by ED false and baseless'

Choksi is a diamond jewellery businessman and maternal uncle of Nirav Modi, took the citizenship of Antigua and Barbuda last year.

Sep 11, 2018, 12:50 PM IST

CBI moves extradition request against Nirav Modi's brother Nishal

Nishal Modi, a Belgian national, is already facing an Interpol Red Corner Notice issued on the request of the CBI.

Sep 10, 2018, 17:39 PM IST