Articles
ED to restitute Rs 15,000-crore assets to fraud victims during 2025-26
The ED chief recently issued directions to all regions of the agency to "actively work on cases marked for restitution of assets worth Rs 15,000 crore during the financial year 2025-26"
21 April,2025 06:26 PM IST | New Delhi | PTI
Every bit of money should be recovered: Gitanjali Gem's Ex-MD on Choksi arrest
Santosh Srivastava welcomed Mehul Choksi’s arrest in Belgium and urged the government to ensure his swift extradition and full recovery of the defrauded funds, calling it a major breakthrough
14 April,2025 12:23 PM IST | Mumbai | mid-day online correspondent
“Choksi arrested, it's a big achievement”: MoS Finance on fugitive's capture
Minister of State for Finance, Pankaj Chaudhary, described Mehul Choksi’s arrest in Belgium as a major success for India. As per ANI, Indian authorities are now preparing for his extradition in connection with the Rs 13,850 crore PNB fraud case
14 April,2025 11:32 AM IST | Mumbai
PNB fraud case: Mehul Choksi in Belgium for suspected cancer treatment
A special PMLA court in Mumbai is hearing the Enforcement Directorate's plea to declare Choksi a fugitive economic offender (FEO)
11 February,2025 06:36 PM IST | Mumbai | mid-day online correspondent
Sanjay Raut urges extradition of Nirav Modi, Dawood after Rana's return cleared
Tahawwur Hussain Rana, a businessman of Pakistani origin, was found guilty of his role in the 26/11 attacks in Mumbai, which led to the deaths of 164 individuals. His conspirators included David Headley, who pleaded guilty, cooperated against Rana
25 January,2025 03:58 PM IST | Mumbai | mid-day online correspondent
Court junks Mehul Choksi's plea against notice to declare him fugitive offender
Mehul Choksi and his nephew Nirav Modi are prime accused in an alleged fraud at the Punjab National Bank (PNB) that came to light in 2018
13 December,2024 10:56 PM IST | Mumbai | mid-day online correspondent
Exclusive
Nirav Modi says ‘signatures not mine‘, challenges Bank of India’s $9 mn claim
The Bank of India case against Firestar Diamond Group and Nirav Modi pertains to the huge fraud he allegedly perpetrated against Indian Banks. As part of the same proceedings, Bank of India managed to get a summary judgment against Firestar Diamond (Dubai) in March 2024 and is now seeking to hold Modi accountable
01 December,2024 11:50 AM IST | London | Danish Khan
Vijay Mallya, Nirav Modi fled the country as probe agencies failed to arrest
According to a special court, businessmen engaged in multi-million dollar frauds like Nirav Modi, Mehul Choksi, and Vijay Mallya were able to flee the country because investigation agencies failed to arrest them at a proper time.
03 June,2024 04:36 PM IST | Mumbai | mid-day online correspondent
UK court rejects Nirav's fresh bail plea due to 'real, substantial' flight risk
The court heard that while Modi had lost his legal fight against being extradited, there were "confidential" proceedings ongoing which had been instigated by him
08 May,2024 08:53 AM IST | London | PTI
I could be in England for years: Nirav Modi tells UK court
The 52-year-old former billionaire appeared for a hearing at Barkingside Magistrates' Court in east London via video link from Thameside prison in relation legal costs, or fines, amounting to GBP 150,247.00, accrued over his failed extradition appeal proceedings in the London High Court
16 November,2023 09:36 PM IST | London | PTI