Page 4 - Latest Updates on PNB Scam
PNB fraud: HC refuses to stay special court's proceedings against Choksi
Enforcement Directorate had earlier moved an application before a special PMLA court here to declare Choksi a fugitive economic offender
 "PNB fraud: HC refuses to stay special court's proceedings against Choksi")
Fugitive diamond trader Nirav Modi further remanded to custody till Nov 11
Modi has been lodged at Wandsworth prison in south-west London, one of England's most overcrowded jails
 "Fugitive diamond trader Nirav Modi further remanded to custody till Nov 11")
Nirav Modi to appear via videolink for UK remand hearing
The 48-year-old, who is fighting extradition to India at Westminster Magistrates' Court, is expected to be given a confirmed date for his trial, expected in May next year
 "Nirav Modi to appear via videolink for UK remand hearing")
PNB fraud case: Red corner notice issued against Nirav Modi's brother
Nirav Modi and his uncle Mehul Choksi are alleged to be the main perpetrators of India's biggest bank fraud that came to the fore last year
ED attaches fugitive jeweller Mehul Choksi's assets in India, abroad
The total value of the attached properties is Rs 24.77 crore, it said
 "ED attaches fugitive jeweller Mehul Choksi's assets in India, abroad")
Nirav Modi remanded to judicial custody in UK prison until July 25
Under the UK law, Modi is expected to be produced before the court every four weeks, which now falls on July 25
ED seeks attachment of 11 Dubai assets of Nirav Modi worth Rs 568 mn
The ED launched the money laundering investigation against Nirav Modi and others on February 15 on the basis of an FIR registered by the CBI
Red Corner Notice not required to detain Mehul Choksi: CBI to MEA
In its request to Home Ministry, the CBI said Choksi's extradition was being sought "on grounds of principle of reciprocity and dual criminality"
Investigating officer in PNB case among 30 awarded medals by President
The officers awarded with Police Medal for Meritorious Service include Inspector D Damodaran who is probing country's biggest banking scam in Punjab National Bank involving Nirav Modi and Mehul Choksi
 "Investigating officer in PNB case among 30 awarded medals by President")
Mehul Choksi in Antigua; CBI receives confirmation, to seek extradition
Choksi had taken the citizenship of Antigua in November 2017, and oath of allegiance on January 15 this year, the officials said
 "Mehul Choksi in Antigua; CBI receives confirmation, to seek extradition")
Fraud-hit PNB to have claim on US assets of jeweller Nirav Modi, says court
On February 26, the government had filed a petition in the US court against bankruptcy proceedings of Modi and sought to make PNB a party to the sale of any assets of his entities
PNB fraud case: US bankruptcy court summons Nirav Modi, two aides
The US court had earlier not accepted PNB as creditor to the three companies
PNB to shut all operations at fraud-hit Brady House branch in Mumbai
The 123-year-old bank has lost more than half its market value since the fraud came to light in late January
 "PNB to shut all operations at fraud-hit Brady House branch in Mumbai")
PNB scam: ED files chargesheet against Mehul Choksi, 13 others under PMLA
The ED initiated money laundering case against Choksi in February, on the basis of the FIR filed by the Central Bureau of Investigation
 "PNB scam: ED files chargesheet against Mehul Choksi, 13 others under PMLA")
PNB scam: Ex-RBI governor faults govt, says public trust in PSBs affected
Y V Reddy wants the government to take actions that reinforce public confidence in the RBI
 "PNB scam: Ex-RBI governor faults govt, says public trust in PSBs affected")
PNB eyes capital infusion from govt, non-core asset sale for turnaround
Under the first tranche of recapitalisation, the government infused Rs 800 bn through bonds in public sector banks last financial year
 "PNB eyes capital infusion from govt, non-core asset sale for turnaround")
PNB scam: ED summons Nirav's family, notice to be issued under no-show
Deepak, Purvi and Mayank have been asked to appear before the ED investigators at its Mumbai office to record their statements in the case
 "PNB scam: ED summons Nirav's family, notice to be issued under no-show")
PNB fraud: ED seizes Choksi's jewellery worth Rs 85 cr brought from Dubai
The agency said the jewellery was "brought from Dubai" and has been seized under the Prevention of Money Laundering Act (PMLA).
 "PNB fraud: ED seizes Choksi's jewellery worth Rs 85 cr brought from Dubai")
PNB scam: CBI files chargesheet against Mehul Choksi, Gitanjanli group
The agency has also charged 16 other entities, besides Choksi and his companies.
PNB fraud: CBI names 2 EDs, ex-CEO Usha Ananthasubramanian in charge sheet
Central Bureau of Investigation (CBI) found their involvement in the Rs 140 billion fraud related to group of companies belonging to Nirav Modi and Mehul Choksi
 "PNB fraud: CBI names 2 EDs, ex-CEO Usha Ananthasubramanian in charge sheet")