Tag: PNB
Cabinet Nod To Bill To Seize Assets Of Fugitive Offenders
Cracking down on economic offenders who flee the country after committing frauds, the union cabinet on Thursday approved a bill for confiscation of properties of these fugitives and also gave its clearance to set up an authority to oversee auditing standards of large companies.....
Mumbai Court Issues Non-bailable Warrants Against Nirav, Choksi
A PMLA court here on Saturday issued non-bailable warrants (NBWs) against absconder diamantaires Nirav Modi and his uncle and business partner Mehul Choksi in the Rs 12,600-crore (almost $2 billion) Punjab National Bank fraud.....
PNB Fraud: NCLT Bars 64 Firms From Selling Assets
The National Company Law Tribunal (NCLT) has restrained over 60 companies, including those belonging to Rs 12,600-crore PNB fraud accused Nirav Modi and his uncle Mehul Choksi, from selling their assets, according to a government announcement on Sunday.....
Lok Sabha, Rajya Sabha Adjourned Till Tuesday Amid Uproar Over PNB Fraud
The Lok Sabha was adjourned for the day on Monday following uproar over several issues including the multi-crore Punjab National Bank (PNB) fraud, demand for special status to Andhra Pradesh and demand for increasing quota beyond 50 percent in Telangana.....
ICICI's Kochhar, Axis' Sharma Summoned In PNB Fraud Case
ICICI Bank chief Chanda Kochhar and Axis Bank's Shikha Sharma have been summoned by an anti-fraud agency in the bank fraud case involving jeweller Nirav Modi and his partner and uncle Mehul Choksi.....
Jaitley Silent On PNB Scam To Protect Daughter: Rahul Gandhi
Congress President Rahul Gandhi on Monday alleged that Finance Minister Arun Jaitley was silent on the Rs 12,600 crore PNB fraud case to "protect his lawyer daughter" and asked why her firm was not "raided".....
PNB Discloses Rs 942 Cr Additional Exposure To Gitanjali Group
The Punjab National Bank (PNB) has filed a fresh complaint to the CBI alleging it has uncovered additional exposure of about Rs 942.18 crore defraud by Gitanjali Group of companies in connection with a multi-crore fraud.....
ED Seizes Nirav Modi Valuables Worth Rs 36 Cr
The Enforcement Directorate (ED) on Saturday said it seized valuables worth over Rs 36 crore of absconding diamond jeweller Nirav Modi in connection with an ongoing probe into the Rs 14,500 crore Punjab National Bank (PNB) fraud case.....
Red Corner Notice Issued Against Nirav Modi
Interpol has issued a red corner notice (RCN) against fugitive diamond jeweller Nirav Modi after the CBI requested this in connection with the Rs 13,500 crore fraud on Punjab National Bank (PNB), officials said here on Monday.....
PNB Fraud: Choksi Denies Any Truth In Allegations
Fugitive diamond jeweller Mehul Choksi, who is wanted by Indian investigative agencies in the Rs 13,500 crore Punjab National Bank (PNB) fraud case, has denied "any truth in the allegations".....
