Consortium of banks realizes Rs 7,975.27 cr by sale of assets
Out of which, assets worth Rs 15,113.91 crore have been restituted to the Public Sector Banks. In addition, assets worth Rs 335.06 crore have been confiscated by the government.
Out of which, assets worth Rs 15,113.91 crore have been restituted to the Public Sector Banks. In addition, assets worth Rs 335.06 crore have been confiscated by the government.
The govt further said that the total proceeds of crime in the PMLA cases pending before the top court amounts to Rs 67,000 Crores.
Nirav Modi has been granted permission to appeal his extradition to India on two grounds. The is reviewing the next steps with the Government of India, a spokesperson said.
The judge noted that the arguments made under both grounds overlap in this case as they both rely principally on the appellant, Nirav Modi's mental ill-health.
The ED has attached several assets of Nirav Modi running into crores of rupees in connection with the case
Having arrogantly dismissed the government’s ignominious spat with the Reserve Bank of India, arguably the repository of the country’s financial…
In its affidavit on October 9, the Customs Department said it had emailed copies of the arrest warrants to three IDs, and it was delivered to one of them, but was ignored by the user.
However, an RCN request against Choksi, who acquired Antiguan citizenship earlier in 2018, is pending with the Interpol.
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, the officials said.
“We remain committed to bringing economic offenders back to India,” the spokesperson added.
