ADD ANI AS A TRUSTED SOURCE
googleads
ANI Logo
Menu
General News

PNB scam: Nirav Modi declared fugitive economic offender

Mumbai (Maharashtra) [India], Dec 5 (ANI): Wanted diamantaire Nirav Modi was declared a fugitive economic offender on Thursday by a special court for evading persecution in the Punjab National Bank (PNB) scam.

ANI Dec 05, 2019 12:53 IST googleads

Diamond businessman Nirav Modi is wanted in PNB scam.

Mumbai (Maharashtra) [India], Dec 5 (ANI): Wanted diamantaire Nirav Modi was declared a fugitive economic offender on Thursday by a special court for evading persecution in the Punjab National Bank (PNB) scam.
The Prevention of Money Laundering Act ( PMLA) court here has declared him the fugitive economic offender under Fugitive Economic Offenders Act.
The Act permits for confiscation of property of economic offenders who evade prosecution by staying outside the jurisdiction of Indian courts. the court will order confiscation of his properties later.
Modi is currently lodged at Wandsworth prison in south-west London and is wanted for his alleged role in the Rs 13,570 crore loss caused to the bank along with his uncle, Mehul Choksi.
Modi, 48, was arrested in March this year by Scotland Yard in connection with the case.
He has not returned to India despite repeated summons from Indian probe agencies and courts.
India is seeking his extradition to make him face the law of the land for allegedly committing economic offences. (ANI)

Get the App

What to Read Next

Politics

29 lakh women received funds under Mahila Udyamita Scheme: Sarma

29 lakh women received funds under Mahila Udyamita Scheme: Sarma

"Till today, 29 lakh women have received the fund of the Mahila Udyamita Scheme. Today, this fund will be distributed in Sonai and East Goalpara constituency. A total of 33.50 lakh women will get benefits," Himanta Biswa Sarma told reporters.

Read More
General News

Tamil Nadu CM Stalin urges citizens' support to tackle LPG crisis

Tamil Nadu CM Stalin urges citizens' support to tackle LPG crisis

In a post on X, Stalin stated that he had written to Prime Minister Narendra Modi and the relevant Union Ministers regarding the issue. He added that the state government held a consultation meeting yesterday under the leadership of R Sakkarapani to discuss strategies for addressing the gas shortage.

Read More
General News

PM Modi unveils India's energy strategy amid West Asia conflict

PM Modi unveils India's energy strategy amid West Asia conflict

Prime Minister Narendra Modi on Thursday outlined a dual approach to energy security: boosting domestic infrastructure for wider access and promoting self-sufficiency to cut reliance on imports.

Read More
General News

“In 2026 elections, TMC will be uprooted”: Suvendu Adhikari

“In 2026 elections, TMC will be uprooted”: Suvendu Adhikari

BJP MLA and West Bengal Assembly Leader of Opposition Suvendu Adhikari on Thursday expressed confidence that the Trinamool Congress (TMC) would be defeated in the upcoming West Bengal Assembly elections.

Read More
General News

BJP finalises 145 candidates, discusses 160 seats for Bengal poll

BJP finalises 145 candidates, discusses 160 seats for Bengal poll

According to sources, the meeting involved extensive discussions on around 160 Assembly constituencies across the state. During the deliberations, the party is learnt to have finalised candidates for nearly 145 seats, out of 294 assembly seats in the West Bengal Legislative Assembly, marking significant progress in the selection process.

Read More
Politics

PM Modi to inaugurate development projects worth Rs 47,600 cr

PM Modi to inaugurate development projects worth Rs 47,600 cr

Prime Minister Narendra Modi will visit Assam on March 13-14 March. During the visit, the Prime Minister will inaugurate, dedicate to the nation, lay foundation stones, perform Bhoomi Poojan and flag off multiple development projects worth more than Rs 47,600 crore across Kokrajhar, Guwahati and Silchar.

Read More
Politics

Collective efforts key to realising the vision of ‘Viksit Bharat

Collective efforts key to realising the vision of ‘Viksit Bharat

Himachal Pradesh Governor Kavinder Gupta said that the Vaishya community has a vital role to play in realising Prime Minister Shri Narendra Modi's vision of 'Viksit Bharat 2047'.

Read More
General News

Tamil Nadu Minister accuses PM of making false claims about DMK

Tamil Nadu Minister accuses PM of making false claims about DMK

"No funds have been given under the Jal Jeevan Mission. Money has also not been allocated for the education sector, and even for the MGNREGA scheme. The people of Tamil Nadu are well aware of the lack of financial support from the Centre," he said.

Read More
General News

CBI issues court notice to K Kavitha in Delhi liquor scam case

CBI issues court notice to K Kavitha in Delhi liquor scam case

Telangana Jagruthi President K Kavitha received a notice by the Central Bureau of Investigation (CBI) on Thursday in connection with the alleged Delhi liquor scam case.

Read More
Politics

Gujarat farmer drives dairy prosperity through scientific breedin

Gujarat farmer drives dairy prosperity through scientific breedin

In India's rapidly expanding dairy sector, a 63-year-old artificial insemination expert from Vaheval village in Gujarat is transforming the livelihoods of dairy farmers through scientific breeding practices. Deepak Patel's decades-long dedication to artificial insemination (AI) has significantly improved cattle productivity and strengthened the economic prospects of farmers in the Mahuva region.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.