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Nirav Modi, India’s most-wanted man, tracked down to £8-mn flat in London

Tracking Nirav Modi:Fugitive diamantaire Nirav Modi, who is wanted by Indian agencies in the Rs 13,500 crore Punjab National Bank fraud case, has been spotted in London, a media report said. A video released by the UK’s The Telegraph newspaper showed Nirav Modi walking the London streets. He wore a changed look — with handle

PNB scam: SC dismisses plea seeking SIT probe on Tuesday

PNB scam: SC dismisses plea seeking SIT probe on Tuesday

PNB scam: SC dismisses plea seeking SIT probe. The Supreme Court (SC) on Tuesday dismissed the public interest litigation (PIL) seeking a Special Investigation Team (SIT) probe into the multi-crore Punjab National Bank (PNB) scam against Nirav Modi. Attorney general K K Venugopal said that the plea made baseless allegations against Prime Minister Narendra Modi

PNB scam: SC dismisses plea seeking SIT probe on Tuesday

PNB scam: Red Corner Notice issued against Nirav Modi

PNB scam: Red Corner Notice issued against Nirav Modi. A Red Corner Notice has been issued against absconding diamantaire Nirav Modi by the Interpol in connection with the multi-crore Punjab National Bank (PNB) scam. This comes after the Enforcement Directorate (ED) requested the Interpol to issue the notice against Nirav, who is wanted in India

Travel Agent Fraud

India asks group of countries to deny entry to Nirav Modi

India asks group of countries to deny entry to Nirav Modi. India has requested a group of countries to deny entry to diamantaire Nirav Modi, who is wanted in a money laundering case, related to multi-crore Punjab National Bank (PNB) scam, Ministry of External Affairs Raveesh Kumar said on Thursday. Nirav is reportedly in the

Travel Agent Fraud

MEA writes to European countries to trace Nirav Modi

MEA writes to European countries to trace Nirav Modi. The Ministry of External Affairs (MEA) has sought assistance from select European countries to trace and restrict absconding diamantaire Nirav Modi’s movements. As per sources, the MEA, last week, had written letters regarding the same to France, United Kingdom, and Belgium. Indian missions in these countries

Nirav Modi flees to Britain claiming 'political asylum'

Nirav Modi flees to Britain claiming ‘political asylum’

NEW DELHI/LONDON: Indian billionaire Nirav Modi, who is at the centre of a money laundering case linked to over US $2 billion Punjab National Bank (PNB) fraud, has fled to the UK where the absconding diamantaire sought asylum claiming ‘political persecution’ back home, according to a media report on Monday. “UK authorities have confirmed Nirav

PNB Scam: ED attaches Nirav Modi's assets worth Rs. 171.26Cr

PNB Scam: ED attaches Nirav Modi’s assets worth Rs. 171.26Cr

PNB Scam: ED attaches Nirav Modi’s assets worth Rs. 171.26Cr. The Enforcement Directorate (ED) on Monday attached bank accounts, properties and other beneficiaries worth Rs. 171.26 crore owned by absconding jewellery designer Nirav Modi under the Prevention of Money Laundering Act 2002 (PMLA). On February 24 this year, the ED had provisionally attached 21 immovable

Travel Agent Fraud

PNB detect another fraud case

The Punjab National Bank (PNB) on Thursday has detected another fraud case at a Mumbai branch, which is at the center of around Rs 9.9 crore fraud, according to a complaint with the police.The new development unfolds after the PNB had detected a 1.77 billion US dollar fraud, wherein noted jewellery designer Nirav Modi had acquired multiple letters of undertaking to avail overseas credit from

Nirav Modi deposited Rs 90 cr

‘Nirav Modi deposited Rs 90 cr in PNB hours before demonetisation’

Nirav Modi deposited Rs 90 cr: Nationalist Congress Party (NCP) MP Majeed Memon has quoted a report alleging that the accused celebrity jeweller, Nirav Modi had deposited cash worth Rs 90 crore at one of the branches of the scam-hit Punjab National Bank (PNB), hours before the announcement of demonetisation.“When Nirav Modi left India, at that time it was reported that some hours

Priyanka terminates her contract with the Nirav Modi's brand

Priyanka terminates her contract with the Nirav Modi’s brand

Priyanka terminates her contract with the Nirav Modi’s brand. Priyanka Chopra, who featured in one of the advertisement campaigns for Nirav Modi, has terminated her contract with the brand in light of allegations of fraud against billionaire jewellery designer, the actor’s spokesperson said today. Earlier this month, the state-owned Punjab National Bank (PNB) said it had

CBI detains Gitanjali Group VP

Centre opposes PIL seeking deportation, independent probe of Nirav Modi

Centre opposes PIL seeking deportation, independent probe of Nirav Modi. The Centre has opposed two public interest litigations (PILs) submitted before the Supreme Court that have called for the deportation of absconding businessman Nirav Modi and independent investigation of his alleged illegal dealings with some officials of the Punjab National Bank (PNB). Petitioner Vineet Dhanda appealed to

PNB fraud

PNB fraud: CBI arrests General Manager of Brady House branch

The Central Bureau of Investigation (CBI) has arrested a General Manager (GM) rank officer of Punjab National Bank (PNB), Rajesh Jindal, who was the Branch Head at PNB Brady House branch in Mumbai during August 2009 to May 2011. The arrest was made on late Tuesday night.During Jindal’s tenure at PNB Brady House branch, the practice of issuance of Letter of Undertakings (LOU) without sanctioned limits to Nirav Modi group

Narayanasamy urges Centre to hold probe into PNB fraud case

Narayanasamy urges Centre to hold probe into PNB fraud case

Chief Minister V Narayanasamy today urged the Centre to order a detailed probe into the alleged multi crore rupee PNB fraud involving Nirav Modi. Talking to reporters here he said that the alleged fraud involving Rs 11,400 crores was shocking and the Centre should order a detailed probe. The fraud is perhaps the biggest ever

PNB fraud: Assocham calls for privatising PSBs

PNB fraud: Assocham calls for privatising PSBs

PNB fraud: Assocham calls for privatising PSBs: In light of the massive Rs 11,300 crore ($1.8 billion) scam allegedly involving jeweller Nirav Modi that has hit state-run Punjab National Bank (PNB), industry chamber Assocham said on Sunday that the government should surrender its majority control of banks, which should be allowed to function like private sector

Congress holds BJP responsible for Nirav Modi fraud case

New Delhi [India], Feb 17 : – The Congress Party on Saturday held the Bharatiya Janata Party (BJP)-led government accountable for the fraudster jewellery designer Nirav Modi’s escape from the country following disclosure of his scam worth Rs. 11,400. Raising the subject of ‘Pakoda’ politics yet again at a press conference here, Congress leader Kapil

Shiv Sena alleges ‘ Nirav Modi is BJP’s partner’

Mumbai (Maharashtra) [India] February 17 : The Shiv Sena on Saturday slammed the Bharatiya Janata Party (BJP) for having connections with celebrity jeweller Nirav Modi, who is embroiled in the Punjab National Bank (PNB) fraud case. The party in its mouthpiece, Saamna, said Nirav Modi was spotted in the events organised on Prime Minister Narendra

Track down Nirav Modi

CBI seeks Interpol help to track down Nirav Modi

The CBI has sought Interpol’s help in tracking down billionaire diamond trader Nirav Modi, who has been accused of a multi-crore rupee banking fraud and is reported to have fled the country. According to informed sources, the CBI has issued an Interpol “diffusion notice” against Modi, his wife Ami, brother Nishal Modi and business partner

PNB scam: ED raids diamond trader Nirav Modi

 A day after a massive $1.8 billion fraud was unearthed in a PNB branch here, the Enforcement Directorate on Thursday launched a nationwide raid on the offices, showrooms and workshops of billionaire diamond trader Nirav Modi.ED teams carried out simultaneous raids on Modi’s offices, showrooms and diamond workshops in Mumbai, Surat (Gujarat) and New Delhi.ED