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Thursday, February 26, 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

Racial attack on Northeast people finally has govt’s attention. What about Muslims?

The largest number of victims of identity-based abuse in India are Muslims. In this case, the abuse comes from people at the top, and nobody is willing to do anything about it.

After Bharat Taxi, Cooperation Ministry plans insurance sector entry via IFFCO-Tokio

After launching Bharat Taxi, the ministry explores offering insurance products across cooperative banks via IFFCO-Tokio with cooperative banks as corporate agents.

Navy, Germany’s TKMS wrap up cost negotiations for new submarines, P-75I deal likely early next fiscal

It is estimated the deal would eventually work out to cost around $9 bn at least for 6 submarines—negotiated down by India. Original bid by state-run MDL & TKMS was over Rs 1.2 lakh cr.

No country is ever fully sovereign. Cold War era taught India its real meaning

India’s fraught neighbourhood places multiple constraints on its strategic choices. It leaves no time to take a deep breath, lean back and reset.