PNB Scam: CBI court issues non-bailable warrant against Nirav Modi, Mehul Choksi
Apr 09, 2018, at 12:46 am
Mumbai, Apr 8 (IBNS): Non-bailable warrants have been issued against billionaire jewellers Nirav Modi and Mehul Choksi by a Mumbai court in connection with the Punjab National Bank scam, reports said.
TMC raises PNB scam in Rajya Sabha, House adjourned till 2 p.m.
Mar 13, 2018, at 06:20 pm
New Delhi, Mar 13 (IBNS): Amid a huge ruckus by opposition parties over the PNB fraud case, the Rajya Sabha was adjourned till 2 pm and the Lok Sabha till noon on Tuesday.
Union Cabinet approves the proposed Fugitive Economic Offenders Bill, 2018
Mar 02, 2018, at 08:09 pm
New Delhi, Mar 2 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi approved the proposal of the Ministry of Finance to introduce the Fugitive Economic Offenders Bill, 2018 in Parliament, late on Thursday.
PNB scam: Done nothing wrong, says accused Mehul Choksi
Feb 24, 2018, at 06:50 pm
New Delhi, Feb 24 (IBNS): Mehul Choksi, who is one of the accused in the PNB scam, recently told his employees in a letter that he has done nothing wrong, media reports said.
Feb 23, 2018, at 08:53 pm
Mumbai, Feb 23 (IBNS) : In another move against diamond merchant Nirav Modi, the prime accused in the PNB fraud case, the Enforcement Directorate (ED) on Friday froze one of his bank accounts with Rs. 30 crore balance and shares worth Rs. 13.86 crore held by one of his companies, media reports said.
ED freezes shares and mutual funds worth Rs. 94 crore belonging to NIMO and Choksi
Feb 22, 2018, at 07:18 pm
Mumbai, Feb 22 (IBNS) : The Enforcement Directorate has frozen share and mutual funds worth Rs 94.52 crore of the Nirav Modi and Mehul Choksi groups while CBI has sealed a luxury property of the billionaire in connection with the Rs 11,400-crore Punjab National Bank fraud case, media reports said.
PNB scam: Supreme Court to hear plea of independent inquiry
Feb 21, 2018, at 04:20 pm
New Delhi, Feb 21 (IBNS): The Supreme Court has agreed to hear a plea of independent inquiry into the country's biggest banking scam allegedly by diamond czar Nirav Modi, media reports said.
Nirav Modi accuses PNB of destroying his business
Feb 20, 2018, at 05:14 pm
New Delhi, Feb 20 (IBNS): Diamond czar Nirav Modi has accused the Punjab National Bank (PNB) of destroying his brand and business, media reports said.
'RBI failure', says government on PNB scam
Feb 20, 2018, at 04:53 pm
New Delhi, Feb 20 (IBNS): Reacting to the country's biggest banking scam by celebrity jeweller Nirav Modi involving Punjab National Bank (PNB), the government has held the Reserve Bank of India (RBI) responsible, media reports said.
PNB case: Centre questions RBI's efficiency in preventing frauds
Feb 20, 2018, at 03:38 am
New Delhi/Mumbai, Feb 19 (IBNS): As the Narendra Modi government is facing the heat of the Rs. 11,292-crore Punjab National Bank fraud case, the Centre on Monday raised questions about the Reserve Bank of India's efficiency in supervision over systemic failure, media reports said on Monday.
Rahul Gandhi questions PM Modi over his silence on 'scams'
Feb 20, 2018, at 12:39 am
New Delhi, Feb 19 (IBNS): Congress President Rahul Gandhi has once again slammed Prime Minister Narendra Modi for the latter's silence on a number of alleged scams unfolded in recent years.
AIBEA demands CBI probe into alleged PNB fraud, questions role of RBI as regulator
Feb 19, 2018, at 06:54 pm
Mumbai, Feb 19 (IBNS): The All India Bank Employees Association (AIBEA) has urged the Central government to take stern steps regarding the alleged PNB-Nirav Modi fraud case, even demanding a CBI probe into the matter, according to media reports
Stop behaving as if you're guilty: Rahul tells PM Modi, Jaitley
Feb 18, 2018, at 08:49 pm
New Delhi, Feb 18 (IBNS): Congress President Rahul Gandhi on Sunday took a dig at Prime Minister Narendra Modi again and Union Finance Minister Arun Jaitley and asked them to speak out on the Rs. 11,300 crore banking fraud involving celebrity diamond jeweller Nirav Modi.
PM Modi kept people's money in bank, Nirav Modi looted it: Rahul Gandhi
Feb 18, 2018, at 02:53 am
New Delhi, Feb 17 (IBNS): Congress President Rahul Gandhi on Saturday made a scathing attack on Prime Minister Narendra Modi by holding him responsible for the country's biggest bank scam by diamond czar Nirav Modi, media reports said.
PNB scam: Ex-bank official Gokulnath Shetty arrested
Feb 18, 2018, at 02:33 am
New Delhi, Feb 17 (IBNS): One of the key accused in the country's biggest bank scam by diamond czar Nirav Modi, ex-official of Punjab National Bank (PNB) Gokulnath Shetty has been arrested by the Central Bureau of Investigation (CBI), media reports said.
Feb 17, 2018, at 11:58 pm
New Delhi, Feb 17 (IBNS): Congress leader Abhishek Manu Singhvi on Saturday rubbished allegations leveled against him by Defence Minister Nirmala Sitharaman that he and his family had links with Nirav Modi's companies.
PNB Scam: Defence Minister Nirmala Sitharaman targets Congress,Rahul Gandhi
Feb 17, 2018, at 11:42 pm
New Delhi, Feb 17 (IBNS): Attacking the Congress, the ruling BJP on Saturday said the recently unveiled multi-crore PNB scam, involving billionaire jewellery designer Nirav Modi, occurred during the tenure of the previous UPA rule.
PNB scam: Nirav Modi's fraud LoUs issued or renewed mostly in 2017-18, says CBI
Feb 17, 2018, at 04:49 pm
New Delhi, Feb 17 (IBNS): The Central Bureau of Investigation (CBI) has recently stated that most of the fraud Letters of Understandings (LoUs) were issued or renewed by diamond czar Nirav Modi and his kin, who are alleged to have been involved in the country's biggest bank scam, in the year 2017-2018, media reports said.
Feb 16, 2018, at 11:31 pm
New Delhi, Feb 16 (IBNS): Delhi Chief Minister Arvind Kejriwal on Friday asked the BJP government at the Centre to specify a timeline by which Vijay Mallya and Nirav Modi will be brought back to India.
Rahul Gandhi taunts Narendra Modi over Nirav Modi scam
Feb 16, 2018, at 11:13 pm
New Delhi, Feb 16 (IBNS): Congress president Rahul Gandhi on Friday taunted Prime Minister Narendra Modi and said 'scamsters' like 'Lalit Modi' and 'Nirav Modi' had a link with 'NaMo'.
PNB fraud : Passports of Nirav Modi and Mehul Choksi cancelled for four weeks
Feb 16, 2018, at 08:30 pm
New Delhi, Feb 16 (IBNS) : The Government on Friday announced that the passport of the fugitive billionaire Nirav Modi, the prime accused in the Rs. 11,292-crore Punjab National Bank fraud case, and his business partner Mehul Choksi have been cancelled for four weeks.
MEA suspends validity of passport of Nirav Modi and Mehul Choksi
Feb 16, 2018, at 08:25 pm
New Delhi, Feb 16 (IBNS): India's Ministry of External Affairs (MEA), on Friday, on the advice of the Enforcement Directorate, suspended the validity of passports of billionaire diamond jeweler Nirav Deepak Modi and his alleged partner Mehul Chinubhai Choksi, with immediate effect for a period of four weeks, according to media reports.
Interpol diffusion notice against Nirav Modi, wife and others, Nirav Modi may be in NY
Feb 16, 2018, at 06:19 pm
New Delhi, Feb 16 (IBNS): The INTERPOL (Interpol) has issued a diffusion notice against India's billionaire jewelry designer Nirav Modi, his wife Ami Modi, brother Nishal Modi and alleged partner Mehul Choksi, according to media reports on Friday.
PNB Scam:Billionaire jewellery designer Nirav Modi is currently in New York?
Feb 16, 2018, at 02:40 pm
New Delhi, Feb 16 (IBNS): Billionaire jewellery designer Nirav Modi, who is being investigated for the Punjab National Bank scam in India, is currently in New York, a media report said.
There was no meeting between Nirav Modi and PM in Davos: Ravi Shankar Prasad
Feb 15, 2018, at 11:22 pm
New Delhi, Feb 15 (IBNS): Union Minister Ravi Shankar Prasad on Thursday said PNB fraud accused luxury diamond jeweller Nirav Modi did not interact with Prime Minister Narendra Modi in Davos.
No one will be spared: Ravi Shankar Prasad on Nirav Modi
Feb 15, 2018, at 11:00 pm
New Delhi, Feb 15 (IBNS): Union Minister Ravi Shankar Prasad on Thursday said no person will be spared who will be found guilty in the alleged Punjab National Bank (PNB) scam.
PNB Scam: Congress President Rahul Gandhi, Mamata Banerjee slam PM Modi
Feb 15, 2018, at 08:49 pm
New Delhi/Kolkata, Feb 15 (IBNS): Congress President Rahul Gandhi, West Bengal Chief Minister Mamata Banerjee and other opposition leaders targeted Prime Minister Narendra Modi and his government over the alleged Punjab National Bank (PNB) scam on Thursday.
PNB CEO Sunil Mehta says bank is capable of coming out of the situation, needs breathing time
Feb 15, 2018, at 08:45 pm
New Delhi, Feb 15 (IBNS): Punjab National Bank (PNB) finally came out with their version of the Nirav Modi scam on Thursday with the bank's Chief, Sunil Mehta, addressing a media conference.
Feb 15, 2018, at 07:03 pm
Mumbai, Feb 15 (IBNS): The Enforcement Directorate (ED) raided the home, offices and showrooms of Nirav Modi, the globally acclaimed diamond jeweler, with regard to the alleged Punjab National Bank (PNB) scam, according to media reports on Thursday.
Jeweller Nirav Modi charged with Rs. 280 crore cheating case
Feb 05, 2018, at 11:33 pm
New Delhi, Feb 5 (IBNS): Popular Jeweller Nirav Modi has been charged by the Central Bureau of Investigation (CBI) with Rs. 280 crore cheating case, media reports said.