Page 2 - Latest Updates on Nirav Modi
Judgement a reminder that fugitives can't be considered above process: CBI
The High Court of London (United Kingdom) on Wednesday dismissed the appeal of Nirav Modi, who is wanted in India to face money laundering and fraud cases.
 "Judgement a reminder that fugitives can't be considered above process: CBI")
London high court rejects Nirav Modi's appeal against extradition
The High Court of Justice in London rejected an appeal filed by diamond merchant Nirav Modi on Wednesday against his extradition to India
 "London high court rejects Nirav Modi's appeal against extradition")
Nirav Modi loses appeal, UK rules suicide risk does not bar extradition
The 51-year-old fugitive diamond merchant has the option of further appeals in the UK and European courts and the process to bring him back to stand trial in India is unlikely to be a speedy one
Experts debate fugitive diamantaire Nirav Modi's suicide risk in UK court
Nirav Modi faces charges of fraud and money laundering, amounting to an estimated $2 bn in the Punjab National Bank loan scam case
 "Experts debate fugitive diamantaire Nirav Modi's suicide risk in UK court")
London or Londongrad? What makes the UK a hub for global 'dirty money'
According to reports, the 'questionable funds' in the UK amount to over $125 billion every year. What makes London a hub for money laundering? Find out here
 "London or Londongrad? What makes the UK a hub for global 'dirty money'")
ED attaches gems, bank deposits worth over Rs 253 cr of Nirav Modi group
The Enforcement Directorate said it attached gems, jewellery and bank deposits worth Rs 253.62 crore of companies linked to fugitive diamond merchant Nirav Modi as part of a money laundering probe.
 "ED attaches gems, bank deposits worth over Rs 253 cr of Nirav Modi group")
Wilful loan defaults grow 10 times since 2012 to Rs 2.4 trn: Report
These defaulters have the capacity to repay their loans but choose not to do so, says a report
 "Wilful loan defaults grow 10 times since 2012 to Rs 2.4 trn: Report")
List of fugitive economic offenders in India does not end with Vijay Mallya
In reply to Lok Sabha in 2020, SP Shukla said 72 Indians charged with financial irregularities have been living abroad. The list includes names like Nirav Modi, Mehul Choksi and Lalit Modi
 "List of fugitive economic offenders in India does not end with Vijay Mallya")
UK High Court hears Nirav Modi's plea against extradition to India
The 51-year-old diamond merchant had lodged an appeal last year against his extradition order on mental health grounds.
Nirav Modi extradition appeal to be heard in UK High Court on June 28
The 51-year-old diamond merchant had lodged an appeal against his extradition order on mental health grounds
Choksi pledged diamonds with inflated valuation to get Rs 25 cr loan: CBI
The CBI has filed a fresh case against Mehul Choksi, wanted along with his nephew Nirav Modi in a loan fraud case of Rs 13,500 crore, for allegedly inflating the value of diamonds and jewellery
 "Choksi pledged diamonds with inflated valuation to get Rs 25 cr loan: CBI")
Johnson says UK doesn't welcome economic fugitives like Nirav, Mallya
'We don't welcome people who want to use our legal system to evade the law here in India,' the British Prime Minister asserted
 "Johnson says UK doesn't welcome economic fugitives like Nirav, Mallya")
Nirav Modi's sister seeks ED intervention in IBC proceedings against him
Nirav Modi, the main accused in the Rs 13,000 crore Punjab National Bank (PNB) scam, was declared a Fugitive Economic Offender in December 2019.
PNB case: Deported official of Nirav Modi's firm remanded in CBI custody
Parab was deported to India from Cairo in Egypt earlier in the day, as per the Central Bureau of Investigation (CBI) officials
Key official of Nirav Modi firm deported to India from Egypt: Officials
Subhash Shankar Parab was the Deputy General Manager (Finance) in Firestar Diamond
Assets worth Rs 19,111.20 cr of Vijay Mallya, Nirav Modi, Choksi attached
The government on Tuesday said assets worth Rs 19,111.20 crore relating to fugitives Vijay Mallya, Nirav Modi and Mehul Choksi, have been attached so far.
'Rs 19,111-cr assets attached out of total fraud by Mallya, Nirav & Choksi'
These figures were mentioned in the note submitted by Tushar Mehta in the SC, which is hearing arguments on a batch of petitions concerning the interpretation of certain provisions of PMLA
 "'Rs 19,111-cr assets attached out of total fraud by Mallya, Nirav & Choksi'")
Rs 18k cr returned to banks from Mallya, Nirav and Choksi: Centre tells SC
Solicitor General Tushar Mehta informed the Supreme Court that Rs 18,000 crore have been returned to the banks in the case of Vijay Mallya, Nirav Modi, and Mehul Choksi.
Pen King's death and the misfortune of 'monarchs' in Indian business
Popular discourse is quick to crown as kings people who achieve so much success that it feels inadequate to describe them as successful.
 "Pen King's death and the misfortune of 'monarchs' in Indian business")
India govt's efforts to extradite businessmen yield limited results in 2021
As 2021 draws to a close, the Narendra Modi governments efforts to extradite Indian businessmen from Britain for alleged fraud against Indian banks are yet to materialise.
 "India govt's efforts to extradite businessmen yield limited results in 2021")
