The book, 'Flawed: The Rise and Fall of India's Diamond Mogul Nirav Modi' depicts the story of high-profile tycoon Nirav Modi, one of the biggest diamond merchants in India.
This is the third such order in a span of about two weeks, with the total value of properties owned by Nirav Modi's companies being restored in this manner now standing at approximately Rs 1,000 crore.
The CPS, which represents the Indian authorities in court, highlighted that the appeal can be heard at a full hearing on two grounds related to the mental health of the 50-year-old diamantaire, who is lodged at Wandsworth Prison in south-west London as he fights his extradition to face charges of fraud and money laundering in the estimated USD 2-billion Punjab National Bank (PNB) scam case.
A UK High Court judge here on Monday granted fugitive diamond merchant Nirav Modi permission to appeal against a magistrates’ court order in favour of extradition to India to face charges of fraud and money laundering before the Indian courts on mental health and human rights grounds.
Roosevelt Skerrit has termed "total nonsense" the claims that his government was involved in alleged abduction of diamantaire Mehul Choksi.
The ED on Thursday said fugitive businessman Nirav Modi's sister has "remitted" over Rs 17 crore from a UK bank account to that of the Indian government after she was allowed pardon from criminal proceedings in lieu of extending help in the PNB loan fraud case.
Wanted diamond merchant Nirav Modi on Tuesday renewed his appeal in the High Court in London against being extradited to India to face charges of fraud and money laundering in the estimated USD 2-billion Punjab National Bank (PNB) scam case.
The appeal was before a High Court judge for a decision “on the papers” submitted for the appeal to determine if there are any grounds for an appeal against the Home Secretary’s decision or the Westminster Magistrates Court February ruling in favour of Nirav Modi’s extradition to India to face charges of fraud and money laundering.
Investigation has also proved, says the ED, that these three accused persons used dummy entities controlled by them for rotation and siphoning off the funds provided by the banks.
ED has attached assets worth of Rs 18,170.02 crore in case of Vijay Mallya, Nirav Modi and Mehul Choksi under the PMLA. The agency has also transferred a part of attached assets to the PSBs and Centre.
"ED not only attached/ seized assets worth of Rs 18,170.02 crore (80.45 percent of total loss to banks) in case of Vijay Mallya, Nirav Modi and Mehul Choksi under the PMLA but also transferred a part of attached/ seized assets of Rs 9,371.17 Crore to the PSBs and Central Government," the ED said in a tweet.
Dominica Prime Minister Roosevelt Skerrit termed fugitive diamantaire Mehul Choksi as an "Indian citizen" and stated that the courts will decide what happens to the fugitive.
The Royal Police Force of Antigua and Barbuda has started investigations into the alleged abduction of absconding diamantaire Mehul Choksi to neighbouring Dominica.
Addressing the session on challenges and measures to fight corruption', Singh said India has made it clear that the world is presently combatting another serious emerging challenge of fugitive economic offenders.
Mehul Choksi, the fugitive Indian diamond businessman wanted in the Rs 13,500 crore Punjab National Bank loan fraud should be deported to India, the Dominican government told a country's court on Wednesday. The matter has been adjourned till Thursday, June 3.
A court in Dominica has "restrained" authorities from removing fugitive businessman Mehul Choksi from the Caribbean island country till further orders, local media reported.
After businessman and fugitive Mehul Choksi went missing from Antigua and Barbuda, the Central Buraeu of Investigation (CBI) here has spurred into action.
Fugitive diamantaire Mehul Choksi is understood to have gone missing in Antigua and Barbuda with the police launching a manhunt to trace him since Sunday, local media outlets reported.
India has been pressing the United Kingdom to extradite Mallya and Modi to face trial in India for their alleged involvement in cases relating to financial fraud.
On April 15, the UK government had signed an order for the extradition of Nirav Modi to India.
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