Indian authorities believe the case of fugitive businessman Vijay Mallya could serve as a template for ongoing efforts to extradite diamantaire Nirav Modi, who was arrested in London on Tuesday. The Indian government has welcomed Nirav Modi’s arrest by the Metropolitan Police. He is the
Indian businessman Nirav Modi, who was implicated in the multi-crore PNB scam, has been denied bail by a London court today. Modi was presented before the Westminster Magistrate’s Court in London today, a day after he was arrested by local police. The Court had issued
Nirav Modi, India’s fugitive jeweller to the stars, refused to submit to extradition when he appeared in a London court on Wednesday. Modi, accused of involvement in a massive bank fraud that rocked India’s corporate community, was arrested in the British capital on Tuesday. The
The Enforcement Directorate has filed a fresh chargesheet against diamantaire Nirav Modi, an accused in the $ 2-billion PNB scam, and others under the anti-money laundering law, officials said Monday. They said the chargesheet or the prosecution complaint has been filed before a special Prevention
The United Kingdom’s home secretary has referred India’s request for extraditing PNB scam accused Nirav Modi to a court for initiating legal proceedings against the diamantaire, the Enforcement Directorate said today. “Request for extradition of Nirav Modi to India was sent in July 2018 to
Fugitive billionaire diamantaire Nirav Modi, accused in the USD 2 billion PNB fraud case, is living openly in a swanky 8-million pound apartment in London’s West End and is now involved in a new diamond business, a British daily reported on Saturday. Nirav Modi, 48,
The Enforcement Directorate (ED) has attached property belonging to absconding diamantaire Nirav Modi, valued at Rs 147.72 crore, under the Prevention of Money Laundering Act (PMLA). This is part of the ongoing investigation into the Punjab National Bank (PNB) fraud case in which Modi is
Fugitive diamond merchant Nirav Modi, a prime accused in the PNB fraud case, told a court here Saturday that he cannot return to India due to safety concerns and also because his case has been politicised. Modi’s lawyer filed his reply to the Enforcement Directorate’s
The Maharashtra government told the Bombay High Court that it had demolished fugitive jeweller Nirav Modi’s illegal bungalow built along the beach at Alibaug in adjoining Raigad district. Government counsel advocate P B Kakade also told a bench of Chief Justice Naresh Patil and Justice
In a potential legal tangle for the Central Bureau of Investigation (CBI), a suspect in the alleged bank fraud carried out by jeweller Nirav Modi has approached a court saying his trial should be discontinued because the agency does not have the sanction to prosecute