A special court today allowed Enforcement Directorate to attach some properties of fugitive Nirav Modi under the Fugitive Economic Offenders Act. However, it exempted some properties from the list,... Read more »
The Punjab National Bank has revealed that over 1,142 defaulters across the country have defaulted to the tune of Rs 25,090.3 crore. The bank has initiated recovery proceedings by... Read more »
The Enforcement Directorate on Monday rejected the bail plea of Sushen Mohan Gupta, alleged defence agent arrested in the AgustaWestland VVIP choppers scam, saying there was a likelihood of... Read more »
It has been a busy week of Indian extradition-related activity in the UK courts as liquor baron Vijay Mallya’s High Court appeal moves forward for a judge’s verdict on... Read more »
Nirav Modi, the fugitive jeweller wanted in the 13,000-crore Punjab National Bank scam, has been arrested in London and is being produced in the Westminster Magistrate’s Court, the UK... Read more »
The promulgation of the Fugitive Economic Offenders Ordinance 2018 which provides for confiscating properties and assets of economic offenders including loan defaulters who flee the country and the rigorous... Read more »
The Interpol has issued a Red Corner Notice against absconding diamantaire Nirav Modi, his brother Nishal Modi and his employee Subhash Parab on the request of the CBI, probing... Read more »
The multi-crore fraud hit Punjab National Bank posted a net loss of Rs 13,417 crore for the fourth quarter (January-March) of 2017-18, a regulatory filing by the company on... Read more »