More properties of Nirav Modi, Mehul Choksi attached; Blue Corner notice issued
A Blue Corner notice has been issued against absconding billionaire jeweller Nirav Modi and Gitanjali Gems owner Mehul Choksi separately by the Bureau of Immigration. The notice, issued on February 22, 2018, will remain valid at all ports of embarkation, said Income Tax sources.
Feb 28, 2018, 20:41 PM IST
PNB fraud: We have businesses abroad, so can't join investigation, Nirav Modi tells CBI
Nirav Modi is a key accused in the alleged PNB fraud which is now pegged at close to USD 2 billion.
Feb 28, 2018, 17:46 PM IST
PNB scam now worth Rs 12,636 crore as CBI detects another fraud of Rs 1,251 crore
The Central Bureau of Investigation (CBI) on Tuesday said that PNB has informed the Bureau about a further scam involving Rs 1,251 crore.
Feb 27, 2018, 17:33 PM IST
What is PNB scam? How it fell victim to India's biggest loan fraud
Here is an explainer on the PNB fraud and its implications for other lenders and India`s banking sector.
Feb 27, 2018, 10:01 AM IST
CBI quizzes PNB officials, issues lookout notice against 10 firm executives
A CBI team also questioned PNB Executive Director KV Brahmaji Rao, two General Managers and a retired official in connection with its probe into the Rs 11,400 crore fraud.
Feb 27, 2018, 00:04 AM IST
PNB fraud: CBI writes to five banks; seeks details of Nostro transactions
On the basis of 293 fraudulent Letters of Undertaking issued by it to billionaire jewellers Nirav Modi and his maternal uncle Mehul Choksi.
Feb 26, 2018, 22:42 PM IST
PNB fraud: ED to seek information from over dozen countries on Nirav Modi, Mehul Choksi's assets
The agency will approach a competent court in Mumbai with a request to obtain Letters Rogatories to be sent to about 15-17 countries.
Feb 25, 2018, 20:42 PM IST
PNB fraud: RBI gives banks April 30 deadline to improve SWIFT safety, link it with CBS
RBI said that it had alerted banks three times since August 2016 for a possible misuse of the SWIFT infrastructure.
Feb 24, 2018, 21:24 PM IST
PNB fraud: Nirav Modi, Mehul Choksi's passport revoked
Last week, the passport issuing authority in the MEA had suspended the validity of passports of Nirav Modi and Mehul Choksi.
Feb 24, 2018, 17:41 PM IST
Jan Dhan Loot Yojana: That's how Rahul Gandhi trolled Modi government for string of scams
Rahul claimed that like the previous scams, the accused in this case too has probably fled the country.
Feb 24, 2018, 17:00 PM IST
PNB scam effect: 6 months after complaint, CBI books jeweller for Rs 389-cr fraud
Case has been booked against Karol Bagh-based Dwarka Das Seth International Pvt Ltd for alleged bank loan fraud to the tune of Rs 389.85 crore
Feb 24, 2018, 13:37 PM IST
PNB fraud: After luxury cars and imported watches, ED attaches 21 properties of Nirav Modi worth Rs 523 crore
The ED has now attached 21 properties linked to the Nirav Modi Group in connection with its probe into the PNB scam.
Feb 24, 2018, 13:36 PM IST
PNB fraud accused Mehul Choksi letter to employees: Full text
Mehul Choksi said he is facing a lot of problems due to the manner in which the multiple investigating agencies and government agencies are creating a "havoc, hell bent upon stopping the operations".
Feb 24, 2018, 11:50 AM IST
Can't pay salaries anymore, look for other jobs: Mehul Choksi writes to his employees
Mehul Choksi claimed that the agencies in India are 'hell bent' on stopping the operations of the company.
Feb 24, 2018, 10:51 AM IST
PNB fraud: Not only Nirav Modi, Mehul Choksi even aides left country in 2nd week of Feb
It's not just billionaire jeweller Nirav Modi, his wife Ami Modi, his brother Nishal Modi, and his maternal uncle Mehul Choksi have left the country, days before Punjab National Bank's multi-crore fraud case came to light.
Feb 23, 2018, 17:14 PM IST
Data breach hits 10,000 PNB credit, debit card customers: Report
The state-run lender is already reeling under Rs 11,400 crore financial fraud by diamantaire Nirav Modi and his maternal uncle Mehul Choksi.
Feb 22, 2018, 23:58 PM IST
Nirav Modi's 'valuable' paintings are fake, suspect investigative agencies
Nirav is being investigated by multiple probe agencies after the fraud came to light recently following a complaint by the Punjab National Bank.
Feb 22, 2018, 19:33 PM IST
Let us give Nirav Modi and Mehul Choksi companies to their employees, make them cooperatives
Let’s learn from Amul. It is a romantic idea for a corporate rescue but one that may deserve attention.
Feb 22, 2018, 13:44 PM IST
PNB fraud: CBI seals luxury farmhouse of jeweller Nirav Modi in Mumbai's Alibaug
The CBI on Wednesday sealed a luxury property of billionaire Nirav Modi in Alibaug area near Mumbai.
Feb 21, 2018, 21:56 PM IST
Look for new jobs: Billionaire jewellers Nirav Modi and Mehul Choksi to their employees
Nirav Modi and Mehul Choksi are being investigated by multiple probe agencies after it recently came to light that they allegedly cheated Punjab National Bank to the tune of Rs 11,400 crore.
Feb 21, 2018, 18:17 PM IST
