PNB fraud case: Enforcement Directorate seizes Rs 329 cr assets of Nirav Modi in India, UAE and United Kingdom
Nirav Modi and his uncle Mehul Choksi, among others, are being probed by the ED on money laundering charges in connection with alleged bank fraud of Rs 14,000 crore at PNB branch in Mumbai.
Jul 08, 2020, 20:03 PM IST
Govt keen to bring 'fugitive' Vijay Mallya back before 2019 polls, using diplomatic channels
Vijay Mallya, who has been accused of defaulting on loan repayments worth Rs 9,000 crore and money laundering, is the first businessman to be declared an FEO under the Fugitive Economic Offenders Act.
Jan 07, 2019, 13:04 PM IST
Feather in govt's cap in fight against corruption: BJP after Vijay Mallya named fugitive
Mallya, accused of defaulting on loan repayments and money laundering, is the first businessman to be declared an FEO under the Fugitive Economic Offenders Act which came into existence in August last year.
Jan 05, 2019, 16:40 PM IST
Vijay Mallya declared fugitive economic offender, all his properties can now be seized
Special PMLA Court refused his application to stay the order to give him some time to appeal.
Jan 05, 2019, 15:09 PM IST
President gives assent to law deterring economic offenders from fleeing India
President Ram Nath Kovind has given assent to a law that will deter fugitive economic offenders to evade legal process in India and flee the country. A fugitive economic offender is any individual against whom warrants for arrest is issued for his involvement in select economic offences involving amount of at least Rs 100 crore or more and has left India so as to avoid criminal prosecution.
Aug 05, 2018, 20:04 PM IST
