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Monday, June 9, 2025
TopicPNB Scam

Topic: PNB Scam

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.

Court issues show cause notice to Nirav Modi in PNB scam case, asks to appear on 11 June

A special court, which issued the show case notice, said it will proceed with action against the fugitive businessman under the Fugitive Economic Offenders Act if he fails to appear.

Final hearings in Nirav Modi extradition case in UK scheduled for 7,8 January

Modi's remand was extended until 29 December. District Judge Samuel Goozee judge is scheduled to hear closing arguments from both sides on 7 and 8 January.

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.

Court confiscates Nirav Modi’s assets, first order under Fugitive Economic Offenders Act

The court, in its order, said the assets shall be attached by the ED under the provisions of the FEO Act within one month.

Nirav Modi’s brother named in fresh charge sheet in PNB case

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.

On Camera

Just protecting borders from drone attacks isn’t enough. Look at Ukraine & Russia

India must designate vulnerable areas as ‘no-fly zones’ and treat violations as serious offences under the National Security Act, not as minor civil infractions, with strict penalties enforced.

Operation Sindoor: How Rafales, Pakistani J-10s & lots of propaganda moved global defence markets

New Delhi: The impact of Operation Sindoor extended far beyond the battlefield as aerial battles continued in the stock markets. After India carried out...

Operation Sindoor: How Rafales, Pakistani J-10s & lots of propaganda moved global defence markets

New Delhi: The impact of Operation Sindoor extended far beyond the battlefield as aerial battles continued in the stock markets. After India carried out...

Op Sindoor is the first battle in India’s two-front war. A vicious pawn in a King’s Gambit

The Chinese use Pakistan as a cheap instrument to triangulate India between them. It is safer to presume that the Chinese now see Pakistan as an extension of their Western Theatre Command.