Tag: Nirav Modi

PNB scam: Nirav Modi declared ‘fugitive economic offender’ by Mumbai court

With this, Nirav Modi becomes only the second accused so far under the Fugitive Economic Offenders Act (FEOA) to have been declared a 'fugitive economic offender' after Vijay Mallya.

December 5, 2019

Nirav Modi threatens to ‘kill himself’ if extradited to India; UK court refuses bail for 5th time

The court rejected his bail plea despite an offer of an 'unprecedented bail package', which included 4-million pounds in security as well as house arrest akin to those imposed on terrorist suspects.

November 7, 2019

Two fresh applications filed in connection with Mehul Choksi’s PNB scam

Mehul Choksi along with his nephew Nirav Modi are the accused in the Rs 13,500 crore Punjab and National Bank fraud case. Choksi fled the country and was granted citizenship by Antigua and Barbuda on January 15, 2018.

October 22, 2019

Rahul Gandhi pleads ‘not guilty’ of defamation over ‘thieves share Modi surname’ remark

Ahead of the hearing, Rahul Gandhi had in a tweet claimed that the defamation case was filed against him by his 'political opponents' in a 'desperate attempt to silence him'.

October 10, 2019

‘Crook’ Mehul Choksi ‘adds no value to our country’, ‘unfortunate’ Indian officials cleared him: Antigua PM

Mehul Choksi and his nephew Nirav Modi are being investigated by the ED and the CBI after it was detected that they allegedly cheated Punjab National Bank of more than Rs 13,400 crore.

September 26, 2019

PNB Scam: Nirav Modi expected to be given confirmed date of trial by UK court

Nirav Modi was arrested by uniformed Scotland Yard officers on an extradition warrant on March 19 and has been in prison since.

September 19, 2019

Nirav Modi Case: Interpol issues Red Corner Notice against fugitive’s brother Nehal Modi

The Enforcement Directorate (ED) requested the Interpol to locate and arrest Nehal Modi who is a Belgian national.

September 13, 2019

Nirav Modi denied bail by UK court

The Westminster Magistrates Court ordered the Metropolitan Police to place him in its custody till the next hearing on August 22.

July 25, 2019

Singapore HC orders freezing of Nirav’s sister’s account

'The Singapore High Court has ordered the freezing of the balance of $6.122 million (Rs 44.41 crore) in the bank account maintained in Singapore by Pavilion Point Corp, British Virgin Island, a company beneficially owned by Maiank Mehta and Purvi Modi on our request.'

July 2, 2019

PNB fraud case: ED attaches 4 Swiss bank accounts of Nirav Modi, sister

The ED action comes months after it filed a supplementary chargesheet against Nirav Modi's wife Ami Modi, for being the beneficiary of alleged purchase of two apartments at Central Park in New York.

June 27, 2019

Mehul Choksi ‘will be extradited’ to India once he exhausts all his legal options: Antigua PM

Choksi, in a bid to avoid extradition to India, had earlier this year, surrendered his passport to the Indian High Commission in Antigua.

June 25, 2019

Will provide air ambulance to bring Mehul Choksi from Antigua: ED to Mumbai court

Choksi, currently based in the Caribbean nation of Antigua, filed an affidavit stating he had left the country in January 2018 for getting medical check-up and treatment abroad.

June 22, 2019

PNB fraud | Nirav Modi denied bail for fourth time by UK court, to stay in prison

Nirav Modi has already been denied bail thrice by the Westminster Magistrates' Court, as the judge ruled there was "substantial risk" that he would fail to surrender and deemed the bail security offered as insufficient.

June 12, 2019

PNB slips back into loss of Rs 4,750 cr in Q4

PNB slipped back into losses during the quarter in consideration after coming back into the black in the previous quarter ending December.

May 28, 2019

UK court rejects bail plea of Nirav Modi, to remain in custody till May 24

The court is hearing the extradition case of Nirav Modi in the $1 billion Punjab National Bank (PNB) fraud and money laundering case.

April 26, 2019

ED Mumbai chief Vineet Agarwal removed over Nirav Modi case controversy

Agarwal's tenure has been cut short by three years and the 1994-batch Indian Police Service officer of Maharashtra cadre has been repatriated to his home state with immediate effect

April 16, 2019

Nirav Modi, Mallya to share same cell in Mumbai jail? ‘There is space’, quips UK judge

The UK court earlier on Friday rejected Nirav Modi’s second bail application, saying there are 'substantial grounds' to believe the fugitive diamantaire will fail to surrender.

March 30, 2019