Subhash Shankar Parab, an aide of fugitive diamantaire Nirav Modi, was a deputy general manager (finance) at Firestar Diamond, a firm owned by Nirav Modi. After his arrival in India in the morning, Parab was produced before special CBI judge V C Barde. Special prosecutor A Limousin, representing the central probe agency, sought his custody for 14 days.
In the case of the ICICI Bank, the RBI said the statutory inspection for supervisory evaluation of the bank was conducted by it with reference to its financial position as of March 31, 2019.
CyberX9 has claimed that the vulnerability provided access to the entire digital banking system of PNB with administrative control.
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.
Roosevelt Skerrit has termed "total nonsense" the claims that his government was involved in alleged abduction of diamantaire Mehul Choksi.
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.
According to the agency, the latest sale proceeds take the total value of recovery to Rs 9,041.5 crore, or 40 per cent of the over Rs 22,000 crore allegedly defrauded by the trio.
On June 18, Securities and Exchange Board of India (Sebi) had written a letter to the company asking it to ensure compliance before going ahead with the proposal.
The company received a letter from the capital market regulator on June 18 calling it to comply with the legal provisions in the matter.
The development is being seen as a ray of hope for India which has approached the Dominica High Court seeking to be impleaded as a party in the case filed by lawyers of Choksi whose bail plea was earlier rejected.
The charges include of criminal conspiracy, cheating, breach of trust, and illegal gratification by public servant.
According to sources, Priti is the beneficial owner of company named Hilingdon Holdings. ED has found in its investigation that the company is a shell company registered in the UAE in Jabel Ali Free Zone in November 2013.
Michael Polak, part of the legal team representing Choksi said, Michael Polak, part of the legal team representing Choksi said, "What has happened to Choksi has been terrible. He was lured into a property, kidnapped, a bag placed over his head, beaten, forced on to a boat and unlawfully renditioned into another country."
"I'm European, I live in Europe and I'm not following Indian news. I'm also not following list of fraudsters so I haven't been aware of his real name and background until last week, said alleged girlfriend of Mehul Choksi.
Interestingly on May 23, the same day on which Choksi was allegedly kidnapped, during the breakfast meeting with Barbara, Choksi said that he is "practicing not to fear".
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.
While fugitive businessman Mehul Choksi's extradition case is being heard by a Dominican court, photos of two boats have emerged that might have been used to enter the island nation from neighbouring Antigua.
The Qatar Airways' private jet that was sent by India to bring back fugitive diamantaire Mehul Choksi from Dominica has left the Caribbean island country after nearly seven days, according to public flight data.
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