The ED has charged Ami Modi for conspiring and money laundering with her husband Nirav Modi apart from Mehul Choksi and others under the Prevention of Money Laundering Act.
The Enforcement Directorate received an intelligence input about the valuables in July 2018, after which authorities in Hong Kong and UAE were contacted.
Former judge Abhay Thipsay has refuted BJP claim that Congress is trying to derail Nirav Modi’s extradition, saying govt may have ‘past grudges’ against him.
On second day of week-long hearing in London, Modi’s lawyer sought to cast doubt on allegations the jeweller fraudulently procured guarantees from PNB.
The 49-year-old jeweller, who has been in prison since March last year, joined the proceedings via the court's common viewing platform at Westminster Magistrates' Court in London.
In an email to the Enforcement Directorate, Neeshal said he had no clue about his brother's actions & also submitted a forensic report, which the ED rejected.
Besides Nehal Modi, the chargesheet names PNB's suspended deputy general manager Sanjay Prasad, and Nirav Modi's associates Amit Magia, Sandeep Mistri and Mihir Bhansali.
The Italian term sprezzatura—a studied nonchalance that conceals intention—best captures the spirit of Trump’s foreign policy so far. The pattern is unpredictability, transactionalism, and disruption as diplomacy.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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