TOPIC
pnb
ED arrests close aide of Nirav Modi for allegedly laundering money for the diamond merchant
The law has reached the doorstep of Nirav Modi's close aide
‘The government has started to create havoc’: Mehul Choksi writes to his employees, plays victim
He claims the company is not in position to pay current and future does, asks employees to seek employment elsewhere
ED seizes premium cars, freezes investments of Nirav Modi and Mehul Choksi group
The above move comes on the back of multiple actions taken by various authorities over the past few days
Nirav Modi’s massive Rs 11,000 crore financial fraud finally reaches the Congress party’s doorstep
She did that during a press conference
Trouble mounts for Nirav Modi as ED raids 35 additional locations, total seizure stands at Rs. 5,649 crores
ED has been conducting raids since yesterday
Summons issued to Nirav Modi and Mehul Choksi, passports revoked
They have been asked to file their responses within a week
Factcheck: Did a whistle-blower really alert the PMO about the PNB-Nirav Modi scam in 2016?
While there was a letter to the PMO, the contents are important.
RBI had warned banks about PNB-Nirav Modi type fraud twice in 2016
If the RBI orders had been followed, the scam would have been detected at a much earlier stage
