Gitanjali Gems

SEBI fines individual for disclosure lapses in Gitanjali Gems case

He carried out transactions during the period of investigation and his selling crossed 2 per cent of total shareholding in the company.

published on : 17th April 2021

PNB scam: Enforcement Directorate files chargesheet against Gitanjali Gems owner Mehul Choksi

Choksi and 13 other entities, including eight individuals and five companies, have been charged under section 4 of PMLA, 2002 Act for the offence of money laundering.

published on : 28th June 2018

PNB scam: Gitanjali Gems promoter Mehul Choksi moves court seeking cancellation of warrant

Choksi's lawyer Sanjay Abbot moved the application before special CBI court judge J C Jagdale. In the application, he claimed that he cannot travel because of his medical condition.

published on : 27th June 2018

Nirav Modi flees to UK claiming political asylum: Report

Nirav Modi is in London trying to claim asylum from what he calls 'political persecution'.

published on : 11th June 2018

Nirav Modi in Hong Kong? Government sends request for provisional arrest

The Ministry of External Affairs has submitted a request to Hong Kong authorities for provisional arrest of Nirav Modi, wanted in connection with PNB loan fraud.

published on : 5th April 2018

Gitanjali Gems falls further as CBI sent fresh summonses to Nirav Modi, hits fresh 52-week low

Modi and Choksi, promoter of Gitanjali Group, are accused in the fraudulent issuance of Letters of Undertaking and Letters of Credit worth Rs 12,636 crore by the Punjab National Bank.

published on : 9th March 2018

CBI arrests PNB's retired Chief Manager, ED attaches 41 properties of Mehul Choksi

Earlier in the day, the CBI said two places in Mumbai linked to diamontaire Nirav Modi were searched, leading to seizure of incriminating documents related to the Letters of Undertaking (LoUs)

published on : 5th March 2018

Punjab National Bank holds Gitanjali responsible for Rs 1.3 thousand crore fraud; appoints forensic auditor

The recently announced escalation in the PNB fraud amount by Rs 1,300 crore is attributable to Nirav Modi's uncle Mehul Choksi-owned Gitanjali Gems, the bank said in a clarification on Thursday.

published on : 1st March 2018

Punjab National Bank attributes recent additional Rs 1,300 crore fraud to Gitanjali

The recently announced escalation in the Punjab National Bank fraud amount by Rs 1,300 crore is attributable to Nirav Modi's uncle Mehul Choksi-owned Gitanjali Gems, the bank said.

published on : 1st March 2018

Punjab National Bank fraud: ED attaches Rs 1,217 crore assets of Mehul Choksi group

The central probe agency issued a provisional order for attachment of Gitanjali Gems promoter's properties under the Prevention of Money Laundering Act (PMLA).

published on : 1st March 2018

Potential buyers for fraud-accused jeweller Nirav Modi's bankrupt US firm Firestar Diamond

Potential buyers have expressed strong early interest in a bankrupt U.S. firm of jeweller Nirav Modi, who has been accused of involvement in USD two billion bank fraud in India.

published on : 1st March 2018

Punjab National Bank fraud: Blue Corner notice issued against Nirav Modi, Mehul Choksi

The Blue Corner notice -- to locate, identify or obtain information on a person of interest in a criminal investigation -- was issued by the Bureau of Immigration.

published on : 1st March 2018

PNB detects fresh scam of Rs 1251 crore by Gitanjali Gems owner Mehul Choksi

The PNB scam involves celebrity jeweller Nirav Modi, his family members and Mehul Choksi, owner of Gitanjali Gems.

published on : 27th February 2018

ICAI takes PNB official's statement; assures 'accelerated inquiry' into fraud 

ICAI said it has taken a statement from a senior official of the bank and emphasised it would not be prudent to draw any conclusion against the profession till disciplinary proceedings are completed.

published on : 25th February 2018

Punjab National Bank fraud case: Singhvi's wife submits response to I-T department; more Gitanjali accounts frozen 

She was asked to explain how much she had paid in cash and how much through cheque to purchase the valuables and jewellery from Modi's firms a few years back.

published on : 23rd February 2018
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