Page 10 - Nirav Modi

HC pulls up Maharashtra officials for 'inaction' on Nirav Modi bungalow

A bench of justices is likely to pass an order on Thursday directing the inquiry

India sends request to UK for fugitive Nirav Modi's extradition in PNB case

India's foreign affairs ministry told parliament it had sent an extradition request for Modi to Britain but did not specify how it knew Modi was there

Can't provide Info on Nirav Modi's passport due to privacy clause: MEA

In June, an RTI query with multiple questions was submitted to the ministry to unravel the mystery of Nirav's international travel itinerary despite him being a fugitive

PMLA court summons Nirav Modi, Choksi under new fugitive offender law

The ED had filed two separate applications against the duo before the special court that hears matters under the Prevention of Money Laundering Act

Not aware about Nirav Modi seeking political asylum in UK, says Centre

Nirav Modi is wanted by the CBI in the $2 billion Punjab National Bank scam

PNB scam: ED accuses Nirav Modi of creating dummy firms in India, abroad

The Enforcement Directorate, in its charge sheet, mentioned that absconding jeweler Nirav Modi created dummy companies in India as well as abroad for money laundering activities, in its chargesheet filed on March 24.?In a charge sheet filed on March 24 this year, the ED said, "Nirav Modi created dummy companies abroad, and few in India too, namely Bentley Properties Pvt. Ltd., Mac Business Enterprises Pvt. Ltd., Firestone Trading Pvt. Ltd. etc with the purpose of acquiring properties & laundering ill-gotten money."? "There were few companies only created in order to facilitate layering and laundering of funds obtained fraudulently from PNB and to camouflage the real intention & identity of beneficiaries of the funds siphoned off from PNB," the chargesheet further pointed out.?According to the officials, the 12,000-page ED charge sheet, or the prosecution complaint, was filed before a special Mumbai court under various sections of the Prevention of Money Laundering Act 2002 ...

India tells UK not to provide safe haven for India's wanted criminal

"UK authorities have confirmed Nirav Modi's presence in Britain," an official privy to the meeting said.

No Nirav Modi firm in the list of 226,000 deregistered firms: Government

As part of larger efforts to curb the black money menace, the corporate affairs ministry has deregistered little over 2.26 lakh companies

Congress helped Nirav, Choksi under 80:20 gold scheme: Ravi Shankar Prasad

Ravi Shankar Prasad said Chidambaram favoured seven private companies, including Fire Star Diamond of Nirav Modi and Gitanjali Gems of Mehul Choksi

SBI Chairman Rajnish Kumar expects PNB to clear Rs 13 billion dues

He said the exposure of SBI to Gitanjali Gems - one of the companies involved in the scam - has also been crystallised and there was no issue on that

PNB scam: CBI writes to five banks, seeks details of Nostro transactions

The Nostro account refers to an account that a bank holds in a foreign currency in another bank overseas to enable foreign trade by its clients

As CBI books Nirav Modi, big fishes feel heat as PSBs begin cleansing act

One cannot rule out disclosure of more such cases of fraud to relevant authorities in the coming months as banks have been asked by the finance ministry to proactively plug in the gaps earnestly

CBI case against Nirav Modi, who came from nowhere and rose in Mumbai

Modi came back to India and cut his teeth in the diamond business under the tutelage of his jeweller uncle, who was running Gitanjali Gems