- PM Modi visit USAOnly the mirror in my washroom and phone gallery see the crazy me : Sara KhanKarnataka rain fury: Photos of flooded streets, uprooted treesCannes 2022: Deepika Padukone stuns at the French Riviera in Sabyasachi outfitRanbir Kapoor And Alia Bhatt's Wedding Pics - Sealed With A KissOscars 2022: Every Academy Award WinnerShane Warne (1969-2022): Australian cricket legend's life in picturesPhotos: What Russia's invasion of Ukraine looks like on the groundLata Mangeshkar (1929-2022): A pictorial tribute to the 'Nightingale of India'PM Modi unveils 216-feet tall Statue of Equality in Hyderabad (PHOTOS)
Jakub Mensik overcame rain and an opponent chasing history when he stunned six-time champi
- KIPG: Son of a vegetable vendor, Bihar’s Jhandu Kumar eyes Worlds, 2028 Paralympics
- Hardik Singh credits hard work and team unity for receiving HI Midfielder of the Year award
- Djokovic, Alcaraz land in same half of Miami draw
- India to host 2nd Asian Yogasana Championships from March 29 to 31
- FA Cup: AFC Bournemouth secure 5-4 penalty shootout win vs Wolves to reach QF
Mumbai court issues non-bailable warrants against Nirav, Choksi Last Updated : 04 Mar 2018 03:47:15 AM IST Nirav Modi (file photo)
A PMLA court here on Saturday issued non-bailable warrants (NBWs) against absconder diamantaires Nirav Modi and his uncle and business partner Mehul Choksi in the Rs 12,600-crore (almost $2 billion) Punjab National Bank fraud.
The NBWs, issued by the Prevention of Money Laundering Act court Judge M.S. Azmi, will facilitate the extradition of Modi and Choksi once their whereabouts are traced, said Special Public Prosecutor Hiten Venegaonkar.
The development comes after the Enforcement Directorate (ED) on February 27 moved the PMLA court for issuing the NBWs after the duo failed to honour three summonses and appear before the agency for questioning on February 15, 17, and 23.
Simultaneously, the Central Bureau of Investigation (CBI) had sent a communication to Nirav Modi, asking him to return to India for the ongoing probe, but the latter spurned the agency by repling in the negative on the ground that he was tied up in his businesses abroad.The Indian government has already suspended Modi's and Choksi's passports, among others, and asked Interpol to issue lookout notices for them as their current whereabouts are a matter of speculation.
Nirav Modi Group's flagship company Firestar Diamonds, with branches in several countries, has already filed for bankruptcy in a New York court, which has granted an interim stay to prohibit creditors from collecting debts.IANS For Latest Updates Please-
Join us on
Follow us on
172.31.16.186