The Central Bureau of Investigation was granted permission to send additional evidence against accused jewellery tycoon Nirav Modi through a supplementary charge-sheet as it aims to bolster its extradition case.
The Central Bureau of Investigation has revealed that jewellery tycoon and alleged fraudster, Nirav Modi, deliberately changed the partnership structure of three of his businesses to hide his illegal business practices.
A special court in Mumbai denied accused jewellery tycoon Mehul Choksi’s plea to answer questions on the Punjab National Bank fraud in which he is accused from Antigua, stating he must return to India.
A Central Bureau of Investigation court in Mumbai refused to cancel the non-bailable arrest warrant issued against accused jewellery tycoon Mehul Choksi after Choksi has contested the warrant since June 2018.
The Enforcement Directorate plans to auction off Rs 2,400 crore ($360.8 million) of accused jeweller Nirav Modi’s assets after he was named a Fugitive Economic Offender and will hold a hearing on January 10, 2020.
Accused jewellery tycoon Nirav Modi will appear at Westminster Magistrates' Court in London, UK, on Wednesday via video link for his remand hearing following an attack in prison and leaked doctors report.
Indian authorities are working to proceed against accused jeweller Nirav Modi’s brother, Belgian citizen Nehal Modi, in the Punjab National Bank fraud case and plan to send evidence against him to Belgium.