Photo: Business Standard
Nirav Modi's HCL House On Auction For Rs 52 Crores In PNB Scam
Absconding business tycoon Nirav Modi's HCL house is all set for auction, on September 23. As per sources, the diamond merchant, who has been accused in money scam filed by the Punjab National Bank (PNB) is currently being investigated by the CBI and the ED. Notably, the Mumbai DRT-I's order, HCL House in Marol shall be put up for e-auction on September 23, with a reserve price of Rs 52 crore
Tags: nirav modi, Auction, HCL Mumbai House, PNB Scam, CBI
Courtesy: Odisha TV
Photo: DNA India
PNB Scam Accused Businessman Mehul Choksi Arrested In Dominica
Fugitive businessman and PNB scam accused Mehul Choksi was arrested from Dominica on May 26, where he reportedly fled via a boat. Currently in custody of Dominica's Criminal Investigation Department (CID), Choksi will be handed back to Antigua authorities, said sources. However, Antigua's PM Gaston Browne stated, "We will not accept him back" citing his deportation to India. Choksi had gone missing on May 23.
Tags: Mehul Choksi, PNB Scam, Dominica, Antigua, Gaston Browne
Courtesy: The Times of India
Photo: DNA India
PNB Scam Case: UK Government Approves Extradition Of Nirav Modi To India
United Kingdom has approved the sanction of money laundering accused diamond merchant Nirav Modi to India. Convicted for Punjab National Bank Scam, Modi will be imprisoned in the special cell of Mumbai's Arthur Road jail. While losing a two-year long legal battle, district judge Samuel Goozee did not wish to ascertain Modi's health records. Earlier, a UK court on February 25, ordered to extradite the accused.
Tags: UK, nirav modi, Money laundering case, PNB Scam
Courtesy: News18
Photo: The Hindu
Mumbai's Arthur Jail Preps Special Cell To Lodge Nirav Modi
After an extradition order in Nirav Modi case by a UK court, Mumbai’s Arthur Road Jail has arranged a special cell for the fugitive Indian businessman. Disclosing the information, a jail official said, “Preparations for lodging Nirav in the jail have been completed and the prison cell is ready for him.” Earlier, the Maharashtra government had submitted a report to the Centre, detailing about the prison facilities Nirav will get after his … read-more
Tags: nirav modi, PNB Scam, scam, Arthur Road Jail
Courtesy: NDTV
Photo: The Quint
Economic Offender Nirav Modi Likely To Be Extradited To India
After two years of legal battle, London's Westminster Magistrates' court has ruled that fugitive economic offender Nirav Modi can be extradited to India. Moreover, the court accepted Nirav's involvement in a $2 billion PNB scam and India's argument of him tampering evidence and intimidating witnesses. However, the ruling is yet to be approved by the UK Home Secretary. Currently in London prison, Nirav will be imprisoned in Mumbai's Arthur… read-more
Tags: london, Westminster Magistrates' Court, nirav modi, PNB Scam, Mumbai, Arthur Road Jail
Courtesy: Money Control
Photo: New York Post
Interpol Issues Red Corner Notice Against Nehal Modi
The Interpol has issued a Red Corner Notice to Nehal Modi, younger brother Nirav Modi for cheating while acquiring diamonds worth over $2.6 million. Reportedly, he had defrauded LLD Diamonds USA and had liquidated diamonds to meet his personal and business expenses. Besides to conceal his fraud, he had claimed he was in fiscal trouble. However, Nehal's lawyer has declined the charges and termed it "commercial dispute".
Tags: nirav modi, Nehal Modi, PNB Scam, New York
Courtesy: The Tribune
