"nirav-modi"

Nehal Modi, brother of fugitive businessman Nirav Modi, has been arrested in the US on India’s extradition request over the Rs 13,000 crore PNB fraud case. He is accused of laundering funds and destroying evidence related to the scam

Absconding diamantaire Mehul Choksi was arrested in Belgium following an extradition request by Indian probe agencies for his involvement in the Rs 13,000-crore PNB bank loan ‘fraud’ case

Nirav told the court he had been borrowing money as he did not have sufficient funds because his assets had been frozen in India over the extradition proceedings

London: A British court on Tuesday opened the continuation appeal hearing in the extradition case of Nirav Modi, who is wanted in India on the charges of fraud and money laundering amounting to an estimated USD 2 billion in the Punjab National Bank (PNB) loan scam case. The 51-year-old diamond merchant had lodged an appeal […]

By B Yerram Raju The history of economics of nations reminds us that every nation on its growth trajectory found corruption, frauds, scams and unethical practices. Those that crossed these barriers through smart surveillance grew fast and big. However, in democracies like India, where people did not find the money for two-and-a-half centuries of British […]

Mumbai: A web series about the fugitive diamond dealer Nirav Modi is in the works.Nirav is wanted in India for allegedly defrauding Punjab National Bank (PNB) out of an estimated USD 2 billion. He was arrested in March 2019 and has been held in the Wandsworth prison in south London. Now Abundantia Entertainment has acquired […]

Justice Martin Chamberlain delivered his verdict to conclude that the arguments presented by the Nirav's legal team concerning his “severe depression” and “high risk of suicide” were arguable at a substantial hearing.

Modi's lawyer Edward Fitzgerald, in an application to the High Court stated that Modi was "severely depressed" and asked that the extradition be blocked on mental health grounds.

These shares were attached under the Prevention of Money Laundering Act (PMLA) by the ED, a central probe agency.

The special court had in December 2019 declared Nirav Modi a fugitive economic offender, on a plea of the Enforcement Directorate (ED), which is conducting a probe into the case.

The book, by London-based journalists and researchers Danish and Ruhi Khan, includes a recap of the more recent cases involving former Kingfisher Airlines boss Vijay Mallya and diamond merchant Nirav Modi.

The development came after almost a two-year long legal battle.

Nehal, 41, is charged in a New York Supreme Court indictment with Grand Larceny in the First Degree, Manhattan District Attorney Cy Vance, Jr. said.

Telangana HC on Friday inconclusively heard the case pertaining to documentary ‘Bad Boy Billionaires: India’

According to CBI officials, prior to this, the bail applications of Nirav Modi has been rejected six times, four by the District Judge and twice by the High Court.

The episodes available on Netflix feature Nirav Modi, Subrata Roy and Vijay Mallya.