Free Press Journal
  • ED looks to attach Nirav’s Rs 4,000-cr foreign assets

    New Delhi : Widening its probe, the Enforcement Directorate (ED) has zeroed in on foreign assets worth about Rs 4,000 crore of absconding diamond jeweller Nirav Modi for quick attachment under the anti-money laundering law in connection with the alleged $2 billion PNB fraud case.

  • BJP loyal to ‘conman’, not common man: Cong

    New Delhi : The Congress on Saturday alleged that “23 persons” involved in bank frauds to the tune of Rs 90,000 crore fled the country during the BJP rule and dubbed it as party which is “more loyal to a con-man than to a common man”.

  • Rahul Gandhi met Nirav Modi in September 2013 at a hotel, says Shehzad Poonawalla

    New Delhi: Activist Shehzad Poonawalla on Thursday claimed that he was a witness to Congress president Rahul Gandhi and absconding diamantaire Nirav Modi’s meeting at a hotel in September 2013. Talking to ANI, Poonawalla challenged Gandhi to undergo a lie detector test for the same.

  • Reminder sent to Interpol for Choksi RCN

    New Delhi: The Enforcement Directorate (ED) has sent a reminder to Interpol about its application seeking a red corner notice against absconding jeweller Mehul Choksi in connection with the PNB money laundering case, officials said. They said a detailed request for issuance of the arrest warrant against Choksi by the global police body was sent in June, soon after the ED filed a charge sheet against him in a Mumbai court. The

  • PNB Fraud: Interpol issues red corner notice against Nirav Modi’s sister Purvi

    New Delhi: Interpol has issued a red corner notice (RCN) against Purvi Modi, a Belgian national and absconding billionaire jeweller Nirav Modi‘s sister, in connection with the alleged USD 2 billion PNB money laundering case, officials said Monday. The notice, which acts as an international arrest warrant, states that Purvi Deepak Modi, 44, is required on charges of “money laundering”.

  • Nirav Modi, Mehul Choksi’s illegal Alibaug bungalows will be razed

    Mumbai: Authorities have been directed to demolish ‘illegal’ bungalows of fugitive diamond traders and PNB scam accused Nirav Modi and Mehul Choksi situated in Raigad district, a Maharashtra minister said on Tuesday, days after the High Court here pulled up state govt for not taking action against the buildings.

  • Bombay High Court pulls up Maharashtra officials for inaction on Nirav Modi bungalow

    Mumbai: Questioning the inaction of local authorities over an alleged illegally constructed bungalow in Alibaug belonging to fugitive diamantaire Nirav Modi, the Bombay High Court today said that it will direct the state government to initiate an inquiry into the issue. A bench of justices AS Oka and RI Chagla is likely to pass an order on Thursday directing the inquiry.

  • No clean chit given to Choksi, Nirav Modi, says Sebi

    New Delhi : Markets regulator Sebi never gave any clean chit report on fugitive businessman Mehul Choksi to Antigua’s citizenship-for-investment authority, a senior official said on Sunday.

  • President’s nod to law against eco offenders

    New Delhi: President Ram Nath Kovind has given assent to a law that will deter fugitive economic offenders to evade legal process in India and flee the country.

  • India hands over Nirav Modi’s extradition request to UK authorities

    London: The Indian High Commission in London has handed over the extradition request documents for fugitive diamantaire Nirav Modi, wanted in India as a prime accused in the USD 2 billion loan fraud scam at Punjab National Bank, to the UK Central Authority, according to official sources here.

  • PNB scam: Senior executive of Nirav Modi firm gets bail

    Mumbai: A special CBI court here today granted bail to Vipul Ambani, senior executive of a firm owned by diamantaire Nirav Modi, in the multi-crore Punjab National Bank scam. Ambani, president (finance) of Modi’s firm Fire Star Diamond, was arrested by the Central Bureau of Investigation (CBI) in February this year.

  • nirav modi mehul choksi

    Nirav Modi, Mehul Choksi’s firms withdraw pleas from Delhi High Court

    New Delhi: Nirav Modi’s Firestar Diamonds International and Mehul Choksi’s Gitanjali Gems withdrew their pleas from Delhi High Court on Tuesday. Both the firms had moved the court against the Enforcement Directorate’s proceedings against them.

  • nirav modi mehul choksi

    PNB Scam: Nirav Modi, Mehul Choksi assets seizure value Rs 3,800 crore less than half of what ED claimed

    New Delhi: There is bad news, too. The assets of Mehul Choksi and Nirav Modi’s seized by probe agencies after they fled the country are worth only Rs. 3,800 crore, far less than the whooping Rs. 7,800 crore estimated by agencies earlier, an official at the Enforcement Directorate told NDTV after a fresh revaluation of the seized assets. According to the exclusive report of the TV channel, the sharp drop in the revaluation conducted by the

  • US Court issues summons to examine Nirav Modi, aides in PNB fraud case

    New York: A United States court on Friday issued summons to diamond merchant Nirav Modi and his aides at the heart of the multi-billion Punjab National Bank scam. Significantly, the US court, in its order, has recognised the claim of Punjab National Bank on proceeds of any asset sold by the US debtors of the Nirav Modi entities. The Indian ministry of corporate affairs had on February 26 filed a

  • Open-ended warrant issued against Nirav Modi in ED case

    Mumbai: A court here today issued an open-ended non-bailable warrant (NBW) against fugitive diamantaire Nirav Modi and others in cases related to the over USD 2 billion fraud at the Punjab National Bank (PNB). Special judge for Prevention of Money Laundering Act (PMLA) cases M S Azmi ordered the issuance of the NBW against Modi and 12 other absconding accused, including Modi’s family members.