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Thursday, March 19, 2026
TopicPNB Scam

Topic: PNB Scam

‘Maintenance cost would be more than value’—Court allows ED to auction Nirav Modi’s twin Mercedes

Three cars, valued at over Rs 1 crore, were attached as part of proceedings against fugitive diamantaire in the bank fraud case against Punjab National Bank.

Diamond merchant Mehul Choksi put under provisional arrest in Belgium, India seeks extradition

Request was made by CBI to Belgian authorities following which they moved to make provisional arrest of fugitive diamantaire, ThePrint has learnt. Choksi is wanted in PNB fraud case.

Mehul Choksi fraud case: Assets worth Rs 125 crore to be returned to money laundering victims

Properties to be handed over include flats in Mumbai and two factories and godowns situated in SEEPZ Mumbai, ThePrint has learnt from ED officials.

Interpol drops Mehul Choksi from Red Corner list, fugitive diamantaire can now travel freely

Red Corner Notice is issued by Interpol to locate & provisionally arrest an individual awaiting extradition. Mehul Choksi & his nephew Nirav Modi are wanted for the PNB scam.

‘Charges against me fake & bogus, I’ve become political football’, says fugitive Mehul Choksi

In interview with Business Standard, PNB scam accused alleges he was ‘victim of kidnapping’ in May 2021 and wants to clear his name in India, but his health keeps him in Dominica.

Indian agencies returning empty handed from Dominica shows Mehul Choksi had ‘a better plan’

For now, fugitive diamantaire Mehul Choksi is safe, at least till 1 July, when the Dominican court will decide whether he should be deported to India or Antigua and Barbuda.

After 3 scandals in 3 years, PNB plans an image makeover, expects profits

Fraud-hit PNB is clearing a backlog of provisions and expects to post net income in every quarter of fiscal 2020-21.

Breakthrough in PNB fraud case, international business head of Gitanjali Gems traced to US

ED begins process to extradite Sunil Varma, who fled days before PNB scam broke last year, involving diamond merchants Mehul Choksi & Nirav Modi.

Subramanian Swamy wants you to believe Nirav Modi paid Congress Rs 98 cr, but he’s wrong

BJP MP Subramanian Swamy retweets photo of a Rs 98 crore 'cheque' signed by Nirav Modi in favour of Congress. But the cheque is fake.

Nirav Modi to be kept in custody till 29 March after UK court denies him bail

The Indian businessman accused in PNB fraud case has been on the run since February 2018. 

On Camera

Strait of Hormuz crisis shows limits of US, say Chinese. ‘India most vulnerable’

Chinese online discourse situates the crisis within a broader geopolitical context, particularly the hesitancy of US allies to support Washington.

Amid supply crunch, govt offers 10% additional commercial LPG to states. But there’s a condition

India faces LPG shortage amid supply disruptions from Strait of Hormuz closure due to prolonged West Asia conflict.

Indian borders to US schools, Indian firm bags orders to supply surveillance drones to Texas schools

The company had secured orders worth over Rs 100 crore from the Indian Army in November last year. Its UAVs are deployed along India’s borders with Pakistan & China.

Peaceful power transfers followed uprisings in India’s neighbourhood. It’s a sign of mature democracies

Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.