Articles tagged under: Nirav Modi
March 20, 2019
London: Westminster Magistrates Court here on Wednesday rejected the bail plea of fugitive Indian diamantaire Nirav Modi, who was arrested by London police.
The next hearing will take place on March 29, the court said.
The diamond merchant was arrested from the Holborn area of central London on Tuesday.The court had issued the arrest warrants on Monday.
Modi, 48, is wanted by the Directorate of Enforcement (ED) in India in connection with a loan fraud of approximately Rs 13,000 crores f...Read More
March 07, 2018
New Delhi: The BJP today alleged that "pressure or price" might have forced senior Congress leader and former Finance Minister P Chidambaram to sign papers pertaining to allowing gold import rights to select private operators in 2014 May - when it was absolutely clear that the UPA dispensation would be voted out.
"Was there a price, was there pressure? Was there a consideration....If so what was the nature of the price or pressure? Or was there an obligation?," BJP leader and Union Law Mi...Read More
March 04, 2018
Surat: Around 2,000 persons are believed to have lost their jobs in scamsters Nirav Modi and Mehul Choksi's companies in Surat.
Nirav Modi's five manufacturing units are seized along with one office in Belgium tower in Surat. Mehul Choksi's ten offices are sealed in Diamond Park.
Six bank accounts of Nirav Modi and Mehul Choksi are freezed.
Nirav Modi's manufacturing unit and registered office was located in Surat's Sachin based Special Economic Zone under the title of Firestar Diam...Read More
March 02, 2018
New Delhi: The American government today refused to confirm the presence of billionaire bank defaulter Nirav Modi in the country. A US state department official Heather Nauert said they are aware of the recent media reports that Nirav Modi is in America but can not confirm those reports.
February 22, 2018
Mumbai: Enforcement Directorate(ED) has seized 9 cars belonging to Nirav Modi and his companies. These cars include one Rolls Royce Ghost, two Mercedes Benz GL 350 CDIs, one Porsche Panamera, 3 Honda cars, one Toyota Fortuner and one Toyota Innova. ED also froze mutual funds and shares worth Rs 7.80 Crore of Nirav Modi and worth Rs 86.72 crore of those belonging to Meuhul Choksi Group.
February 18, 2018
Continuing its raids in bank scam of Nirav Modi, the Enforcement Directorate (ED) today conducted search and seizure operations on at least three jewelry outlets in Gujarat.
According to primary information separate teams of ED conducted raids at one place in Vadodara and 2 in Ahmedabad.
The ED seized over 200 boxes of jewelry and other items from these outlets of the firms in which Nirav Modi was an investing partner/owner.
The ED...Read More
February 16, 2018
New Delhi: The CBI today registered a fresh FIR against the Gitanjali Group promoted by Mehul Choksi, uncle of billionaire jeweler Nirav Modi, after a Rs 4,886 crore alleged loss related complaint from Punjab National Bank dated February 13, and also approached the Interpol to locate them.
Searches were carried out by CBI on the premises of Mehul Choksy owned Gitanjali Group at 20 places in Mumbai, Pune, Surat, Jaipur, Hyderabad and Coimbatore, other group factories and plants including offic...Read More
February 15, 2018
New Delhi: PNB Scam has shocked the country today as it involves Rs 11,000 crore fraud, making it one of the biggest banking scams.
Billionaire jewellery designer Nirav Modi accused of committing the scam has left the country on January 1 much before the CBI received a complaint from Punjab National Bank on January 29 about a Rs 280-crore fraud, officials said.
This is one more incident of scam in which the scamster easily left the country. Formerly Vijay Mallya and Jatin Mehta managed to...Read More
error: Content is protected !!