Categories
Crime

PNB scam: ED files new charge sheet to aid Mehul Choksi’s extradition

The CBI initiated a probe into the PNB fraud on 31 January, 2018, Choksi tried to dispose of his company Gitanjali Infratech

Categories
Business

PNB reports $ 492 m fraud owing to Rs 3,688 crore loan to DHFL

Two years after the scam by diamantaire Nirav Modi hit PNB with by a massive Rs 13,000 crore NPA, the bank has declared DHFL cheated it too

Categories
Business

SBI complains to CBI after 4 years a loan defaulter fled without paying up Rs 411 crore

SBI has known not only that the loans to Ram Dev International had turned NPA in 2016 but also that the owners of the firm had fled that year

Categories
Crime

Nirav declared 2nd fugitive economic offender

Nirav Modi, fighting his extradition case in England, was further remanded, unable to convince the court he wouldn’t intimidate witnesses

Categories
Crime

Fugitives have looted Rs 17,900 crore: Govt

On being asked what concessions were given or loans waived for these fugitives, Anurag Thakur said competent courts were handling these cases

Categories
Crime

Nirav denied relief, to stay in judicial custody till 11 November

Nirav Modi is being denied bail under the apprehension that he could try to flee the UK as well; his uncle Mehul Choksi fled to Antigua after they connived to defraud the PNB of $ 11.7 billion

Categories
Elections

Rahulspeak: Sending rocket to moon does not feed hungry

Further, the drubbing Congress received in the Lok Sabha election notwithstanding, Rahul Gandhi raked up the failed plank of Rafale deal, too

Categories
Crime

Nirav Modi case: ED to sell cars, paintings for recovery

Nirav Modi is accused of being the “principal beneficiary” of the fraudulent issuance of LoUs as part of a conspiracy to defraud PNB

Categories
Crime

Choksi: Can’t file medical reports, doctor refused to treat me

Choksi and his nephew Nirav Modi are wanted by the ED and the CBI for allegedly defrauding the PNB to the tune of Rs 13,400 crore

Categories
Crime

DRT directs Nirav, aides to pay Rs 7,200 crore+ to PNB, others

Presiding Officer Deepak Thakkar, who holds additional charge of the DRT, Mumbai, passed two orders in two cases in favour of the PNB