Tag: Nirav Modi
PNB Fraud Case: Union Bank Has $300 Mn Outstanding Exposure
State-run Union Bank of India on Thursday said that it has an outstanding exposure of about $300 million in the $1.8 billion fraud detected by Punjab National Bank (PNB) and the former was also confident of receiving the payment.....
PNB Fraud Case: CBI Registers FIR Against Gitanjali Group Of Companies
The CBI on Friday registered an FIR against the Gitanjali Group of companies based on a complaint registered by the Punjab National Bank in a multi-crore fraud case, sources said.....
SC To Hear On Bank Top Brass' Role In PNB Scam
The Supreme Court will hear on Friday a plea for probe into the role of the top management of Punjab National Bank in the Rs 11,300 crore scam allegedly involving jeweller Nirav Modi and others.....
State Duty-bound To Bring PNB Scamsters To Justice: Jaitley
In the wake of the Rs 11,300 crore ($1.8 billion) Punjab National Bank (PNB) scam allegedly involving diamond merchant Nirav Modi, Union Finance Minister Arun Jaitley on Tuesday said the state was duty-bound to ensure those cheating the system are brought to justice.....
PNB Fraud: CBI Arrests Five Staffers Of Nirav Modi, Mehul Choksi
The CBI on Tuesday arrested five employees of diamond merchants Nirav Modi and his uncle Mehul Choksi in the Rs 11,300 crore Punjab National Bank (PNB) fraud, an official said.....
CBI Arrests PNB GM, Seals Nirav Modi's Alibaug Farmhouse
The CBI on Wednesday said it has arrested a General Manager-rank officer of the Punjab National Bank (PNB) in connection with the Rs 11,300 crore fraud and sealed diamond merchant Nirav Modi's Alibaug farmhouse in Maharashtra.....
PNB Fraud: ED Seizes Luxury Cars, More Assets Of Nirav Modi, Choksi
The Enforcement Directorate on Thursday said it has seized nine high-end luxury cars belonging to Nirav Modi besides crores of assets in connection with its ongoing probe into the Rs 11,300 crore Punjab National Bank fraud case.....
PNB Fraud: Assets Of Rs 43 Cr Of Nirav Seized
The ED on Friday said it had frozen diamantaire Nirav Modi's bank account and shares worth Rs 43 crore even as the CBI raided his Mumbai-based Kamala Mills firm and seized documents regarding the Rs 11,300 crore Punjab National Bank fraud probe.....
Bank Scams: Three Fresh Cases Of Financial Fraud Reported
Three fresh cases of financial fraud have come to light after the CBI filed cases against a jeweller, a businessman and a public servant on complaints by three different banks earlier this week, an official said on Saturday.....
CBI Arrests Auditor Of PNB In Bank Fraud Case
The Central Bureau of Investigation (CBI) has arrested an internal chief auditor of Punjab National Bank (PNB) in its ongoing probe into Rs 12,600 crore bank fraud case.....
