Tag: Nirav Modi

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

UK court denies bail to Nirav Modi on ‘substantial grounds’ that he will fail to surrender

Judge Arbuthnot said his attempt to try and seek citizenship of Vanuatu shows he was trying to move away from India at an important time.

March 29, 2019

CBI team to be London on March 29 for hearing of Nirav Modi extradition case

The 48-year-old had been denied bail by District Judge Marie Mallon at his first hearing soon after his arrest by Scotland Yard officers from a central London bank branch.

March 27, 2019

Nirav Modi’s extradition likely to take long time, says top UK law expert

The news of the arrest sent ripples of excitement through the ruling Bharatiya Janata Party (BJP) which dared the opposition Congress to question the developments, at the height of the 2019 parliamentary elections.

March 21, 2019

Nirav Modi may be kept in separate cell in UK prison, inmates to be Dawood henchman

Modi was arrested from a Metro Bank branch in London by uniformed officers on Tuesday, when he went there to open a new bank account.

March 21, 2019

Welcome arrest, Govt pursuing with UK for early extradition of Nirav Modi: MEA

A UK court had on Monday issued an arrest warrant against Modi following a request forwarded by the Enforcement Directorate (ED) for his extradition.

March 21, 2019

Nirav Modi’s bail plea rejected by London Court, to remain in custody till March 29

According to investigating officials, Modi had left India on January 1, 2018, much before the CBI received a complaint from Punjab National Bank (PNB) on January 29, 2018, about the fraud.

March 20, 2019

Arrest warrant issued against Nirav Modi by UK court

According to the ED, the Westminster Court issued the arrest warrant against Nirav Modi on March 13.

March 18, 2019