[ad_1] Mumbai: A special PMLA court here on Tuesday granted bail to Subash Parab, a close aide of fugitive diamond merchant Nirav Modi, in the multi-crore Punjab National Bank (PNB) scam case. Parab was a deputy general manager (finance) at Firestar Diamond, a firm owned by Modi, and was deportedContinue Reading
[ad_1] Hyderabad: Telangana senior congress leader and Nalgonda MP N Uttam Kumar Reddy clarified that Nirav Modi and Lalit Modi do not belong to the BC community, refuting the ‘false claims’ made by the BJP. He expressed astonishment at the BJP’s attempts to garner sympathy for the two notorious ‘scamsters’Continue Reading
[ad_1] London: Nirav Modi, the fugitive diamond merchant wanted in India to stand trial on fraud and money laundering charges, has claimed that he has no funds and is resorting to borrowing money to pay the court-ordered legal costs amounting to more than 150,000 pounds. The 52-year-old former billionaire lastContinue Reading
[ad_1] Mumbai: A special court on Monday rejected a plea of Purvi Mehta, sister of fugitive diamond trader and PNB scam accused Nirav Modi, seeking a direction to the Enforcement Directorate to intervene in bankruptcy proceedings underway against him in the United States where she has been made a defendant.Continue Reading
[ad_1] New Delhi: The Supreme Court on Tuesday suggested that Mainak Mehta, brother-in-law of fugitive Nirav Modi, should consider providing the CBI a letter of authority to access his offshore bank accounts. The CBI has alleged that Mehta has received a large sum of money siphoned off in the PNBContinue Reading