PNB Loan Fraud: Nirav Modi says he is penniless; borrowing money to pay for UK court fines
Fugitive diamond merchant Nirav Modi, who is facing deportation for trial on charges of fraud and money laundering in India, has said he does not have any money and is borrowing funds to cover the court-mandated legal expenses, which exceed 150,000 pounds, according to a report in the media.
PNB scam: Nirav Modi denied permission to appeal against extradition to India in UK Supreme Court
London: The London High Court on Thursday denied fugitive businessman Nirav Modi permission to appeal against his extradition to India in the UK Supreme Court.
PNB Scam: UK court rejects Nirmav Modi's plea opposing extradition to India
Fugitive businessman Nirav Modi, who is the main accused in Rs 13,000 crore Punjab National Bank (PNB) scam, has moved a step closer to extradition to India after a UK court rejected his plea against it, according to media reports.
'Want them taken back to India': British PM Boris Johnson on Vijaya Mallya, Nirav Modi extradition
New Delhi/IBNS: UK Prime Minister Boris Johnson on Friday said that his government has ordered the extradition of fugitive businessmen wanted by India but due to legal technicalities, the task has become "very difficult".
Nirav Modi's sister remits Rs 17.5 cr to ED from London bank account after turning approver
New Delhi/IBNS: Purvi Modi, the sister of fugitive diamond merchant Nirav Modi, has paid Rs 17.5 crore to the Enforcement Directorate (ED) after she turned approver in the Punjab National Bank fraud case, media reports said.
ED transfers part of seized assets of Vijay Mallya, Nirav Modi, Mehul Choksi to banks
New Delhi/IBNS: In a big breakthrough in recovering the amount of money allegedly defrauded, a part of seized assets of three fugitive businessmen, Vijay Mallya, Nirav Modi and Mehul Choksi, has been transferred to state-run banks by the Enforcement Directorate (ED).
Mehul Choksi should be deported to India: Dominica govt tells court
New Delhi/IBNS: The Dominican government has stated to the court that fugitive Indian businessman Mehul Choksi, wanted in a bank fraud case, should be deported to India, media reports said.
India attempts to bring back Mehul Choksi directly from Dominica: Reports
New Delhi/IBNS: India on Thursday asserted that it will use its diplomatic channels to bring back fugitive diamond merchant Mehul Choksi directly from Dominica after he was captured there.
Fugitive businessman Mehul Choksi captured in Dominica: Reports
New Delhi/IBNS: Fugitive diamond business merchant Mehul Choksi, who is wanted in India over the Punjab National Bank (PNB) loan fraud case, has been captured from Dominica while trying to flee to Cuba, media reports said.
Fugitive jeweller Mehul Choksi accused in PNB scam missing in Antigua
New Delhi/IBNS: Fugitive jeweller Mehul Choksi, who is an accused in the Rs. 14,000-crore Punjab National Bank (PNB) scam, went missing in the Caribbean island nation of Antigua and Barbuda, media reports said.
UK government clears Nirav Modi's extradition to India
New Delhi/IBNS: Fugitive jewellery businessman Nirav Modi's extradition to India has been cleared by the British government.
Vijay Mallya, Mehul Choksi and Nirav Modi will return to India to face law: Nirmala Sitharaman
New Delhi/IBNS/UNI: Union Finance Minister Nirmala Sitharaman on Thursday said fugitive economic offenders like Vijay Mallya, Mehul Choksi and Nirav Modi will be coming back to India and face the law of the country.
Fugitive businessman Nirav Modi can be extradited to India, orders UK court
London/IBNS: In a big win for India, a United Kingdom judge on Thursday ruled fugitive jewellery businessman Nirav Modi, an accused in the Punjab National Bank (PNB) scam, can be extradited to the country, media reports said.
Nirav Modi's brother charged with duping diamond wholesaler of $ 1 million in United States
New Delhi/IBNS: PNB fraud accused Nirav Modi's brother Nehal Modi, who is also wanted in the same case, has been accused of defrauding a company in the United States of diamonds worth $1 million, said media reports.
London/IBNS: On the third day of the five-day-trial of fugitive diamantaire Nirav Modi’s extradition hearing in connection with the Punjab National Bank (PNB) scam case at a court in the UK on Wednesday, his mental health and the prison conditions in India remained on the focus.