Tag: Nirav Modi

DRT notices to Nirav Modi, family to recover Rs 7,000 cr

DRT notices to Nirav Modi, family to recover Rs 7,000 cr

Mumbai: The Debt Recovery Tribunal (DRT) on Monday served notice to absconding diamantaire Nirav Modi, his family members and his companies to recover over Rs 7,000 crore in dues. The notices by the DRT-1 Registrar, A. Murali, came six months after the beleaguered Punjab National Bank (PNB) had moved the tribunal[Read More…]

Interpol issues Red Corner Notice against Nirav Modi

On the request of CBI, Interpol has issued a Red Corner Notice against absconding billionaire jeweller Nirav Modi in connection with billion dollar fraud Punjab National Bank (PNB) scam. Jeweller Nirav Modi and his maternal uncle Mehul Choksi are accused of defrauding the state run Punjab National Bank to the[Read More…]

Punjab National Bank wins Hindi implementation award

PNB scam: Additional Rs 1,300 cr fraud revealed

Mumbai: The fraud-hit Punjab National Bank (PNB) has reported an additional Rs 1,300 crore unauthorised transactions, taking the estimated quantum to Rs 12,600 crore in the scam related to diamond trader Nirav Modi and owner of Gitanjali Gems, Mehul Choksi. In a 11.22 p.m., late night filing with the stock exchanges[Read More…]

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