The Directorate of Enforcement (ED) has attached assets worth Rs 19,312.20 crore of wilful defaulters like Vijay Mallya, Nirav Modi and Mehul Choksi since May 2017 under PMLA, 2002.
The latest High Court order also directs Modi to pay the legal costs related to the latest application, assessed in the sum of GBP 150,247.00.
CBI gets Centre's nod to seek LR for collecting evidence on Nirav Modi's brother-in-law, from Singapore
The CBI has been alleging Mehta received a large sum of money siphoned off in the PNB fraud which was transferred to his wife's bank account.
The fugitive diamond merchant on Wednesday lost his appeal against extradition to India at the High Court in London.
Diamond merchant Nirav Modi on Wednesday lost his appeal against extradition on mental health grounds.
Modi is the subject of the CBI case relating to a large-scale fraud upon Punjab National Bank via fraudulent loan agreements and the ED case on the laundering of the proceeds of that fraud.
Mainak Mehta told the court that his bank accounts, including those in Singapore, were frozen following a money-laundering probe launched by the ED.
Nirav's "high risk of suicide" and the "adequacy of any measures capable of preventing successful suicide attempts in Arthur Road prison" were deemed as the focal points for the appeal.
Some assets of Nirav Modi group of companies in Hong Kong were identified in the form of gems and jewelleries lying in private vaults and bank balances in accounts maintained there.
The diamond merchant had lodged an appeal last year against his extradition order on mental health grounds. The hearing this week is for the continuation of that appeal, with judgment likely soon.
The fresh valuations showed that the pledged jewellery valued anything between Rs 70 lakh and a little over Rs 2 crore only, it said.
Subhash Shankar Parab was the Deputy General Manager (Finance) in Firestar Diamond, officials said on Tuesday.
The Salgaocar family had been locked in a long legal battle in Switzerland to prevent India’s tax authorities from getting details of trusts set up by the family in that country.
The diamantaire, wanted in India on charges of fraud and money laundering in the estimated USD 2-billion Punjab National Bank (PNB) scam case, lost his legal battle against extradition.
After a long legal battle, the UK court accepted that the diamantaire had threatened witnesses and tampered with evidence.
Bhansali, who was an executive of Nirav Modi's Firestar International firm, is absconding since the probe started in the alleged USD 2 billion PNB fraud case.
The new legislation will prevent big economic offenders like Vijay Mallya and Nirav Modi from fleeing the country and evading the law.
Vipul Ambani was aware of the fraudulent letters of undertaking (LoUs) issued by PNBs former deputy manager Gokulnath Shetty in favour of Modi's firms.
The CBI is probing the Rs 13,500-crore bank fraud allegedly committed by Choksi and his nephew Nirav Modi.
Antigua says Indian agencies had given 'no adverse information' on Mehul Choksi during citizenship check: Report
CBI had on July 25 sought the whereabouts of Choksi and written to Antiguan authorities, demanding details about him.