Fugitive diamantaire Nirav Modi's sister and her husband have turned approver in the Punjab National Bank (PNB) fraud case.
A special court in Mumbai has allowed Purvi Modi, sister of fugitive diamond merchant Nirav Modi, to become an "approver" or a prosecution witness in the Punjab National Bank (PNB) scam case.
According to the indictment, court filings, and statements made on the record in court, between March 2015 and August 2015, Nehal, a former member of Noble Titan Holdings, made false representations to obtain over USD 2.6 million worth of diamonds from LLD Diamonds USA on favourable credit terms and consignment, and then liquidated the diamonds for his own ends.
A London court on Monday rejected the bail application filed by fugitive diamantaire Nirav Modi, the seventh such rejection by courts of the United Kingdom, officials said.
A UK court hearing arguments in the extradition case of Nirav Modi on Thursday heard expert views on the fugitive diamond merchant’s personal family history of suicide and his deteriorating mental health in prison, which would only further deteriorate in solitary confinement.
Fugitive diamond merchant Nirav Modi, who has been lodged at a prison in London since his arrest in March last year, is set to appear via videolink for the second leg of his extradition trial at a UK court on Monday.
An Interpol global arrest warrant has been issued against Ami Modi, wife of prime accused in the over USD 2 billion PNB bank fraud case Nirav Modi, on charges of money laundering, officials said on Tuesday.
The 49-year-old jeweller, who has been lodged at Wandsworth Prison in south-west London since his arrest in March last year, appeared via videolink for the remand hearing at Westminster Magistrates’ Court in London.
Enforcement Directorate (ED) on Wednesday brought back valuable jewellery belonging to fugitive diamantaires Nirav Modi and Mehul Choksi. The haul is worth Rs 1350 crore and includes polished diamonds, pearls, jewellery made of silver and pearls.
In a significant order, a special court in Mumbai on Monday ordered the Enforcement Directorate (ED) to confiscate specified properties, worth Rs 1,400 crore, of fugitive diamantaire Nirav Modi within a month, a lawyer said.
The UK court hearing the extradition case of fugitive diamond merchant Nirav Modi, wanted in India on charges of fraud and money laundering amounting to an estimated USD 2 billion, on Thursday adjourned the trial to be resumed from September 7.
A video recorded by so-called “dummy directors” associated with companies linked to Nirav Modi was submitted by the CBI to the UK court, hearing the extradition case against the fugitive diamond merchant, as evidence of the "coercion and threats" he employed in the course of fraud and money laundering.
Fugitive diamond merchant Nirav Modi, fighting extradition to India on charges over the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case, is set to be produced before a UK court for his trial on Monday, to take place in a part-remote setting due to the coronavirus lockdown.
Fugitive diamond merchant Nirav Modi, fighting extradition to India on charges over the nearly $2 billion Punjab National Bank (PNB) fraud and money laundering case, was on Tuesday remanded in custody until 11 May, when his five-day trial will take place in a part-remote setting.
The Congress alleged the government waived loans worth Rs 6.66 lakh crore since 2014 till September 2019
Fugitive diamond merchant Nirav Modi, fighting extradition to India on charges over the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case, has been remanded in custody by a UK court until April 15.
Fugitive diamond merchant and prime accused in PNB Scam Nirav Modi has got another jolt as his bail plea was rejected by UK court for the fifth time. He is fighting his extradition to India on charges over the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case.
A UK court on Thursday rejected for the fifth time the bail plea of fugitive diamond merchant Nirav Modi, who is fighting his extradition to India on charges over the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case.
The Brihanmumbai Municipal Corporation has attached three out of four properties in Mumbai of fugitive diamond businessman Nirav Modi for the recovery of property tax worth Rs 9.5 crore pending against them, a civic official said on Thursday.
Virtually spelling doom for various Indian public sector banks, the National Company Law Tribunal, Mumbai, has ordered the liquidation of absconding diamantaire Nirav Modis group company, Firestar Diamond International Pvt. Ltd. (FDIPL).
Top News
Latest News
