Union Cabinet approves the proposed Fugitive Economic Offenders Bill, 2018
New Delhi, Mar 2 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi approved the proposal of the Ministry of Finance to introduce the Fugitive Economic Offenders Bill, 2018 in Parliament, late on Thursday.
PNB scam: Done nothing wrong, says accused Mehul Choksi
New Delhi, Feb 24 (IBNS): Mehul Choksi, who is one of the accused in the PNB scam, recently told his employees in a letter that he has done nothing wrong, media reports said.
Mumbai, Feb 23 (IBNS) : In another move against diamond merchant Nirav Modi, the prime accused in the PNB fraud case, the Enforcement Directorate (ED) on Friday froze one of his bank accounts with Rs. 30 crore balance and shares worth Rs. 13.86 crore held by one of his companies, media reports said.
ED freezes shares and mutual funds worth Rs. 94 crore belonging to NIMO and Choksi
Mumbai, Feb 22 (IBNS) : The Enforcement Directorate has frozen share and mutual funds worth Rs 94.52 crore of the Nirav Modi and Mehul Choksi groups while CBI has sealed a luxury property of the billionaire in connection with the Rs 11,400-crore Punjab National Bank fraud case, media reports said.
PNB scam: Supreme Court to hear plea of independent inquiry
New Delhi, Feb 21 (IBNS): The Supreme Court has agreed to hear a plea of independent inquiry into the country's biggest banking scam allegedly by diamond czar Nirav Modi, media reports said.
Nirav Modi accuses PNB of destroying his business
New Delhi, Feb 20 (IBNS): Diamond czar Nirav Modi has accused the Punjab National Bank (PNB) of destroying his brand and business, media reports said.
'RBI failure', says government on PNB scam
New Delhi, Feb 20 (IBNS): Reacting to the country's biggest banking scam by celebrity jeweller Nirav Modi involving Punjab National Bank (PNB), the government has held the Reserve Bank of India (RBI) responsible, media reports said.
PNB case: Centre questions RBI's efficiency in preventing frauds
New Delhi/Mumbai, Feb 19 (IBNS): As the Narendra Modi government is facing the heat of the Rs. 11,292-crore Punjab National Bank fraud case, the Centre on Monday raised questions about the Reserve Bank of India's efficiency in supervision over systemic failure, media reports said on Monday.
Rahul Gandhi questions PM Modi over his silence on 'scams'
New Delhi, Feb 19 (IBNS): Congress President Rahul Gandhi has once again slammed Prime Minister Narendra Modi for the latter's silence on a number of alleged scams unfolded in recent years.
AIBEA demands CBI probe into alleged PNB fraud, questions role of RBI as regulator
Mumbai, Feb 19 (IBNS): The All India Bank Employees Association (AIBEA) has urged the Central government to take stern steps regarding the alleged PNB-Nirav Modi fraud case, even demanding a CBI probe into the matter, according to media reports
Stop behaving as if you're guilty: Rahul tells PM Modi, Jaitley
New Delhi, Feb 18 (IBNS): Congress President Rahul Gandhi on Sunday took a dig at Prime Minister Narendra Modi again and Union Finance Minister Arun Jaitley and asked them to speak out on the Rs. 11,300 crore banking fraud involving celebrity diamond jeweller Nirav Modi.
PM Modi kept people's money in bank, Nirav Modi looted it: Rahul Gandhi
New Delhi, Feb 17 (IBNS): Congress President Rahul Gandhi on Saturday made a scathing attack on Prime Minister Narendra Modi by holding him responsible for the country's biggest bank scam by diamond czar Nirav Modi, media reports said.
PNB scam: Ex-bank official Gokulnath Shetty arrested
New Delhi, Feb 17 (IBNS): One of the key accused in the country's biggest bank scam by diamond czar Nirav Modi, ex-official of Punjab National Bank (PNB) Gokulnath Shetty has been arrested by the Central Bureau of Investigation (CBI), media reports said.
New Delhi, Feb 17 (IBNS): Congress leader Abhishek Manu Singhvi on Saturday rubbished allegations leveled against him by Defence Minister Nirmala Sitharaman that he and his family had links with Nirav Modi's companies.
PNB Scam: Defence Minister Nirmala Sitharaman targets Congress,Rahul Gandhi
New Delhi, Feb 17 (IBNS): Attacking the Congress, the ruling BJP on Saturday said the recently unveiled multi-crore PNB scam, involving billionaire jewellery designer Nirav Modi, occurred during the tenure of the previous UPA rule.