Page 4 - Nirav Modi

Nirav Modi UK extradition appeal to be heard on December 14

Nirav Modi, the fugitive diamond merchant wanted in India to face charges of fraud and money laundering in the estimated USD 2-billion Punjab National Bank (PNB) scam case, has lodged his appeal against extradition from the UK and the case will be heard at the High Court in London on December 14. The 50-year-old jeweller, who remains behind bars at Wandsworth Prison in south-west London since his arrest in March 2019, was granted permission to appeal against the Westminster Magistrates' Court extradition order on mental health and human rights grounds. High Court judge Martin Chamberlain had ruled on August 9 that arguments presented by Modi's legal team concerning his severe depression and high risk of suicide were arguable at a substantial hearing. "This case is fixed for a one-day hearing on 14th December, a High Court official said, in reference to the substantial hearing. The UK's Crown Prosecution Service (CPS), which represents the Indian authorities in court, confirmed it w

US court junks Nirav Modi's plea seeking dismissal of fraud allegations

A bankruptcy court in New York has dismissed a petition of fugitive of diamond merchant Nirav Modi and his associates, seeking dismissal of fraud allegations against them. The allegations were made by Richard Levin, the court appointed trustee of three US corporations--Firestar Diamond, Fantasy Inc and A Jaffe--indirectly owned by Nirav Modi previously. Levin had also sought a minimum compensation of USD 15 million for harm suffered by the debtors of Modi and his associates Mihir Bhansali and Ajay Gandhi. Southern District of New York Bankruptcy Court Judge Sean H Lane issued the order last Friday, in a major blow to the Indian fugitive and his accomplices. ' SDNY Bankruptcy Court Judge Lane in a clear decision denied defendants Modi, Bansali and Gandhi's motions to dismiss US Trustee Richard Levin's amended complaint in the adversary proceeding arising out of Modi's initial chapter 11 bankruptcy petition, alleging fraud, breach of fiduciary duties, RICO and related state law claim

Web series on fugitive businessman Nirav Modi is in development

A web series about the fugitive diamond dealer Nirav Modi is in the works.

Nirav Modi's brother-in-law appears before court for money laundering case

Fugitive diamantaire Nirav Modi's brother-in-law Maiank Mehta made his first appearance before the Special Prevention of Money Laundering Act Court in Mumbai on Tuesday in a money laundering case.

Properties worth Rs 500 crore of Nirav Modi firms restored to PNB

A special court here on Friday allowed 'restoration' of properties worth Rs 500 crore of fugitive jeweler Nirav Modi 's firms to Punjab National Bank

India, UK review permission granted to Nirav Modi for extradition appeal

The UK's Crown Prosecution Service (CPS) on Tuesday said it is reviewing the London High Court ruling to grant fugitive diamond merchant Nirav Modi permission to appeal against his extradition order

UK court allows Nirav Modi to appeal on depression, suicide risk grounds

A High Court judge in London on Monday granted fugitive diamond merchant Nirav Modi permission to appeal on mental health and human rights grounds.

Nirav Modi's extradition will worsen suicidal impulses: Lawyer to UK court

Nirav Modi faces a substantial risk of suicide amid an overwhelming impact of COVID-19 at Arthur Road Jail in Mumbai, the High Court in London was told during an extradition appeal

India closely monitoring proceedings against Mehul Choksi, Nirav Modi: MEA

India on Friday said that it is closely monitoring legal proceedings against fugitive businessmen Mehul Choksi, and Nirav Modi.In a media briefing, Ministry of External Affairs (MEA) Ministry spokesperson Arindam Bagchi said, "We are of course closely monitoring the ongoing legal proceedings in both cases," when asked about the latest update on Mehul and Nirav.Choksi, who is currently in Dominica facing trial, went missing from Antigua on May 23 and was caught in Dominica. He was charged with illegal entry into Dominica by police after he allegedly fled Antigua and Barbuda in a possible attempt to avoid extradition to India. The 62-year-old fugitive is wanted in India in connection with the Rs 13,500 crore fraud in Punjab National Bank.Meanwhile, Nirav Modi is currently held at Wandsworth prison in South London where he has been lodged since his arrest in London in March 2019 in connection with the largest bank fraud perpetrated in India.The Enforcement Directorate (ED) on Wednesday ..

Nirav Modi's sister sends Rs 17.25 crore from UK account to Indian govt: ED

With the cooperation of Purvi Modi, it said, the ED has been able to recover about Rs 17.25 crore (USD 2316889.03) from the proceeds of crime, it said

Fugitive diamantaire Mehul Choksi: The first glimmers of fraud

The diamantaire's implication in his nephew's defrauding of PNB is well documented. Less well known is the sharp practices he employed in his Indian businesses long before this global scandal erupted

UK High Court rejects Nirav Modi's extradition plea

The fugitive diamantaire has 5 days to appeal for oral hearing

ED transfers Rs 9,371-cr assets seized from Mallya, Nirav, Choksi to PSBs

ED attached/ seized assets worth Rs 18,170 cr from Vijay Mallya, Nirav Modi and Mehul Choksi under PMLA

Choksi siphoned off Rs 6,345 crore PNB loan through Hong Kong firms: CBI

Choksi was running a "circular trade" with companies propped up by him as pearl suppliers in Hong Kong, through which he had managed to siphon off over Rs 6,345 crore borrowed from PNB, CBI alleged

PNB scam: CBI files supplementary chargesheet against Gitanjali ex-official

Two officials of the Punjab National Bank (PNB) -- Sagar Sawant and Sanjay Prasad -- and a director of the Gili and the Nakshtra brands under the group, Dhanesh Seth, have also been named as accused

Long wait for the next flight to Dominica

Efforts by India to get back Mr Choksi will depend to a large extent on the response to the request for his repatriation from Dominica

Rights of Mehul Choksi will be respected: Dominica PM Rooseveltt Skerrit

Dominica Prime Minister Rooseveltt Skerrit said the rights of "Indian citizen" Mehul Choksi will be respected and courts will decide on the future course of action.

Mehul Choksi's lifelong drive to do 'something big' ends in Caribbean trial

Bank fraud, Bollywood ambassadors and an offshore soap opera - the many acts of a fugitive diamantaire

Mehul Choksi was kidnapped, didn't go to Dominica of his free will: Lawyer

Mehul Choksi was kidnapped, didn't go to Dominica of his own free will, said fugitive diamantaire's lawyer Vijay Aggarwal

Fugitive diamantaire Mehul Choksi claims abduction by Indian agents

The Indian government is reported to have applied for his extradition to India in a Dominican court, which is scheduled to hear the case on Wednesday