Tag: PNB fraud case

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

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

After PNB, SBI chases Mehul Choksi for Rs 405 crore loan default

In a prominent media notice on Wednesday, the SBI has demanded repayment of the loan amount sanctioned against various assets in Mumbai, Raigad, Nashik and Hyderabad belonging to Choksi, his family and group companies.

January 23, 2019

PNB Fraud Case: DRT serves notice to Nirav Modi, family to recover 7,000 crore

It revealed shocking details of how Nirav Modi and his uncle, Mehul Choksi, in connivance with some bank officials had duped the bank by issuing fraudulent Letters of Undertaking (LoUs) for the huge amount at PNB's flagship Brady House Branch in south Mumbai, since 2011.

December 10, 2018

Nirav Modi’s illegal bungalow in Alibaug razed: Maharashtra govt to Bombay HC

There are around 175 such private residences in CRZ areas in villages such as Varsoli, Sasvane, Kolgaon and Dokvade, among others, belonging to several 'wealthy persons, including Modi, and several businessmen and film actors'.

December 7, 2018

PNB fraud: India awaits Antigua’s response to its request for Choksi extradition

“We remain committed to bringing economic offenders back to India,” the spokesperson added.

November 1, 2018

India hands over request to Antigua to extradite Mehul Choksi

A team from India was sent to Antigua a few days ago to pursue the authorities there to extradite Choksi, an accused in the alleged PNB fraud case.

August 5, 2018

Mumbai Police to investigate ‘clear report’ given to Mehul Choksi

Choksi, now a prime accused in the alleged Punjab National Bank (PNB) fraud case, obtained passport under the 'Tatkal' category after the Regional Passport Office (RPO) in Mumbai granted him “No Police Verification Required” status in 2015.

August 5, 2018

Antigua government to consider legitimate request from India to extradite Mehul Choksi

Last week, it came to light that Mehul Choksi had acquired citizenship of Antigua even before the USD 2 billion Punjab National Bank fraud was unearthed.

July 28, 2018

50 wealthy Indians to face tax scrutiny for buying Nirav Modi jewellery

The IT Department has decided to re-assess the tax returns of over 50 high net-worth individuals who purchased jewellery from diamantaire Nirav Modi.

July 14, 2018

Interpol issues Red Corner Notice against Nirav Modi: CBI

In its Red Corner Notice (RCN) issued against a fugitive, the Interpol asks its 192 member countries to arrest or detain the person if spotted in their countries after which extradition or deportation proceedings can begin.

July 2, 2018

Nirav Modi did not have more than one Indian passport: MEA

The Ministry of External Affairs (MEA) has written to several European countries seeking help to trace fugitive diamantaire Nirav Modi, accused of bank fraud, even as it asserted that he did not have more than one Indian passport in his possession. MEA Spokesperson Raveesh Kumar said on Thursday the ministry had also sent messages to...

June 29, 2018

Government writes to 3 countries to help track down Nirav Modi: Report

India has reportedly written to three countries — UK, France and Belgium — to help track down fugitive fugitive billionaire jeweller Nirav Modi, who is at the centre of a $2 billion Punjab National Bank (PNB) fraud case. The move has been taken to restrict Nirav Modi’s movements. On Tuesday, a special court in Mumbai...

June 27, 2018

Nirav Modi possesses 6 Indian passports, another FIR likely

Fugitive jeweller Nirav Modi, who is at the centre of the Rs 13,000-crore PNB fraud case, reportedly travelled on his Indian passport when he took a Eurostar high-speed train from London to Brussels on 12 June. His passport was revoked on 24 February. In a shocking development, it has come to light that the absconding...

June 18, 2018