Indian jeweller accused of multi-billion dollar fraud flees
12 June, 2018, 11:37
On February 15, 2018, the ED had registered a money laundering case against Nirav Modi and others under the provisions of the PMLA on the basis of an FIR registered by the Central Bureau of Investigation.
The Indian government is now seeking the extradition of liquor tycoon Vijay Mallya, who fled to Britain in 2016, over unpaid loans to his Kingfisher Airlines.
PNB, in its complaint, directly accused Modi, his wife Ami, brother Nishal, and Choksi of conniving with two bank officials to commit the fraud.
Punjab National Bank has alleged that two jewelry groups headed by Nirav Modi and his uncle Mehul Choksi defrauded it of about US$2.2 billion via transactions that date back to 2011.
A spokesman for Britain's Home Office said it does not comment on individual cases.
Modi, whose celebrity clients have included actress Naomi Watts and Kate Winslet, is accused of involvement in a $1.8 billion scam against Punjab National Bank (PNB), India's second-largest state-run lender.
Several Indian courts have issued arrest warrants over his failure to appear before them since he fled.
According to the media reports, Nirav Modi is trying to look for advocates who will help him sustain in Britain.
Last month, External Affairs Minister Sushma Swaraj had said Prime Minister Narendra Modi had conveyed his unhappiness to his British counterpart Theresa May over focus on conditions of Indian prisons during court hearings on Mallya's extradition.
Mallya is wanted in connection with allegedly unpaid loans to his beleaguered Kingfisher Airlines after he absconded to Britain in 2016.
The confirmation of Modi being in the United Kingdom came during a meeting Minister of State for Home Affairs Kirren Rijiju with British Minister of State for Countering Extremism Baroness Williams in New Delhi.
India's PTI news agency quoted unnamed sources as saying that Williams confirmed in the meeting Modi's presence in Britain but that she had promised London's full cooperation.
Trump made the unprecedented decision to meet with the leader of the rogue regime, a move all of his predecessors had avoided. Financial markets were largely steady in Asia and did not show any noticeable reaction to the start of the summit .
He told Ayling Black Death was preparing to auction her as a sex slave unless a 300,000 Euro ransom was met. The Italian court is also seeking extradition for Herba's brother Michal over the kidnapping.
Charles Quick, the husband of Charlee's mother, Natalie Quick, was arrested for outstanding warrants out of Florida on Thursday. Further, a sheriff involved in the search has reason to believe that the little girl may not have been lost in the woods.
Toilet: Ek Prem Katha deals with the social issue of sanitation and the need for toilets in majority of Indian villages. The film reportedly earned about $2.35 million on Friday, followed by $3.55 million on Saturday and $3.16 on Sunday.
Wilder, 32, a native of Alabama, has made seven defenses - all by knockout - of the title he won from Bermane Stiverne in 2015. Wilder had hoped to agree to a fight in the United States, having never fought outside of the USA, Mexico or Puerto Rico.
The budget iPhone X should feature a 6.1-inch screen as an improvement on the current model but will not get a multi-lens camera. As for the design of the iPhone XI Plus, it looks more or less identical to the iPhone X, complete with a notch at the top.
The Belmont Stakes are named after August Belmont I, the first president of the American Jockey Club, according to Newsday . There was one horse , however, who was a threat to Justify's Triple Crown bid at the top of the Belmont Park stretch.
The world was given a longer look at Octopath Traveler , the lovely , pixelated RPG coming to the Nintendo Switch onJuly 13. Monster Hunter: World and Final Fantasy XIV will be pairing up in Summer 2018 as the Rathalos appears in FFXIV .
Swing freely through Marvel's New York City in epic action set-pieces filled with a rich narrative and relatable characters. As promised a few weeks ago, Marvel's Spider-Man made its way into Sony's E3 showcase this evening in a big way.
NYCFC (8-3-4, 28 points) now sit second in the Eastern Conference standings, two points behind Atlanta United. Vieira played 107 times for France and was part of the squads that won the World Cup and Euro 2000.
Meanwhile, Davidson recently broke up with his girlfriend of two years, Cazzie David , after almost two years of dating. They reportedly became a couple shortly after they broke up with their exes Mac Miller and Cazzie David .
Huge Dust Storm on Mars Hits NASA's Opportunity Rover
In case you're wondering, NASA's Curiosity rover is nowhere near Opportunity and is not now threatened by the dust storm. The rover could soon dip into its battery reserves and, not long after, it may be unable to communicate with engineers.
De Gea demands public apology from Spanish PM
Manchester United have had to withstand interest from Real Madrid for the past three years for their prize asset. At the time Sanchez said he did not "feel comfortable with De Gea as the national team's goalkeeper".
Tesla's Autopilot to get 'full self-driving feature'
He said the current version of Autopilot was most focused on safety, while the August update would introduce more autonomy. Tesla has been gradually upgrading its Autopilot features with regular software updates.
Intercontinental Cup 2018 Final
Harambee Stars center back Jockins Atudo is thrilled by the prospects of qualifying for the Intercontinental Cup in India . The hosts are the side to beat this tournament as they have throughout played an aggressive brand of football .
Man arrested over deadly Japan stabbing spree
A female passenger was also killed and more than 20 people were injured as the fire and smoke spread throughout the carriages. The seriously-wounded man was later confirmed dead and the situation of the two other injured was not revealed.