CBI books billionaire Nirav Modi in Rs 280 cr cheating case

February 05, 2018 16:01

The CBI today booked billionaire diamond merchant Nirav Modi, his brother and wife and a business partner for allegedly cheating Punjab National Bank of over Rs 280.70 crore crore during 2017, officials said.

The CBI has acted on a complaint from the Punjab National Bank, which alleged that Modi, his brother Nishal, wife Ami and Mehul Chinubhai Choksi, all partners of Diamon R US, Solar Exports, Stellar Diamonds, were in conspiracy with officials of the bank and cheated it, causing "wrongful loss", the officials said. The response to an email seeking the company's comments is awaited. -- PTI

« Back to LIVE

TOP STORIES

Rohith Vemula not a Dalit, he ended life because....: Police closure report

The Cyberabad police that investigated the case informed the court that Rohith Vemula did not belong to Scheduled Caste and that he was aware of it.

Kin seek CBI probe into death of Salman home shooting accused

He had allegedly hanged himself with a bed sheet in the toilet of the lock-up, as per the police.

IPL PIX: Clinical KKR outclass MI; inch closer to play-offs!

Kolkata Knight Riders outclassed Mumbai Indians by 24 runs in the IPL 2024 match on Friday.

7 Adani group firms have received Sebi show cause notices

Seven out of the 10 listed firms of Adani group have received show cause notices from the Securities and Exchange Board of India (Sebi) for alleged violation of related party transactions and non-compliance with listing regulations, the...

We may consider interim bail to Kejriwal ahead of LS polls, SC tells ED

A bench of justices Sanjiv Khanna and Dipankar Datta told Additional Solicitor General SV Raju, appearing for the Enforcement Directorate, that the hearing on Kejriwal's plea against arrest is likely to take time and therefore, the court...