Why UK is the preferred refuge of Indian scamsters
NEW DELHI: It’s not just the Modis — Nirav and Lalit — and the Mallyas of India who have sought refuge in the Queen’s land, aka the United Kingdom. Over 5,500 people from India have sought political asylum in Britain since 2013, not all of them criminals though. So why do Indians make a […]
PNB scam: CBI issues non bailable warrant against Nirav Modi, Mehul Choksi
A special CBI court in Mumbai on Sunday issued non-bailable warrant against billionaire jewellers Nirav Modi and Mehul Choksi in the cases related to Punjab National Bank scam. The NBW was issued on the request of the probe agency as both Modi and Choksi had repeatedly refused to join the investigation in the scam, a CBI spokesperson said. Both […]
ED-CBI raid Nirav Modi’s Mumbai house, seize jewellery, watches and MF Hussain’s paintings
The Enforcement Directorate (ED) on Thursday conducted joint searches with CBI on the residential premises of billionaire diamantaire Nirav Modi at Samudra Mahal, Worli in Mumbai. During the course of the search — which continued till Saturday — the officials seized high-end and antique jewellery valued at Rs 15 crore, expensive watches valued at Rs 1.40 crores and […]
After Nirav Modi, Rotomac Pen’s Vikram Kothari ‘flees’ with Rs 800 crore loan
NEW DELHI: After billionaire diamantaire Nirav Modi, another defaulter Vikram Kothari, the promoter of Rotomac Pen, has also allegedly gone abroad after swindling Rs 800 crore from various public sector banks, including Allahabad Bank, Bank of India and Union Bank of India, sources said. The Kanpur-based company’s owner had taken a loan of more than […]
