How much money did Nirav Modi take from India?

Nirav Modi and his maternal uncle Mehul Choksi are wanted by Indian authorities in connection with the Punjab National Bank (PNB) scam, in which the duo is is accused of defrauding the bank of over Rs 14,000 crore.

Who is Nirav Modi and what did he do?

Nirav Modi is a fugitive Indian businessman who was in the business of luxury diamond jewellery. He is the founder of Nirav Modi chain of diamond jewellery retail stores. Modi is being investigated in the $2 billion Punjab National Bank (PNB) fraud case.

What is Mehul Choksi story?

Mehul Choksi is an accused in the multi-crore Punjab National Bank fraud case. He and his nephew Nirav Modi are wanted for allegedly siphoning Rs 13,500 crore of public money from the state-run Punjab National Bank using letters of undertaking.

When did Mehul Choksi leave India?

January 2018
When did Mehul Choksi leave India? Choksi fled the country in January 2018 to Antigua and Barbuda, few days before the PNB scam was uncovered. Investigating agencies have registered several cases against him and have attached several thousand crores worth of properties till now.

Is Mehul Choksi related to Ambani?

NEW DELHI: The CBI on Tuesday arrested five senior executives of companies belonging to billionaire Nirav Modi and his uncle Mehul Choksi – including Vipul Ambani, president (finance) of Firestar International. Vipul Ambani is the son of Natubhai Ambani, the youngest brother of Dhirubhai Ambani.

What is Nirav Modi business?

Modi is the founder of Firestar Diamond, which claimed to have more than $2 billion in sales. He later launched his own Nirav Modi Brand with 14 stores in such locations as Mumbai, Hong Kong, London, Macau and New York.

Who is the owner of Gitanjali Group?

Mehul Choksi
Mehul Choksi, the founder and managing director of ‘Gitanjali Gems’ and the maternal uncle of Nirav Modi has come under the radar of various investigating agencies, following the Enforcement Directorate (ED) filing a case against the latter for conducting fraudulent transactions from the Punjab National Bank.

Who is Ambani daughter in law?

Shloka Mehta
Nita Ambani and Mukesh Ambani’s daughter-in-law Shloka Mehta is celebrating her 31st birthday today. On this occasion, her mother-in-law Tina Ambani has wished her in a very special way. The daughter-in-law of the country’s richest family and Akash Ambani’s wife Shloka Mehta has turned 31 today.

Who is the sister of Mukesh Ambani?

Nina Kothari
Deepti Salgaocar
Mukesh Ambani/Sisters

Is Mehul Choksi in India?

However, after the case was committed to court on grounds of illegal entry against Choksi, the jet had to return. India has argued that he is an Indian citizen, while Choksi has maintained that he ceased to be an Indian citizen when he took Antiguan citizenship in 2017.

Who is Nirav Modi and why is he famous?

He was already the second most famous Mr N Modi of India. But now Nirav Modi – the billionaire diamond trader and jeweller to Hollywood and Bollywood stars who shares a surname with the country’s prime minister – is in the news for very different reasons.

What happened to Nirav Modi at IGI Airport?

“Nirav Modi reached the IGI Airport and began boarding the stairs to his private charter. The door to the plane opened and standing there with some CBI officers was none other than Narendra Modi. Sorry Nirav, but I am the gatekeeper of the nation now. No longer is it possible for people to run away after cheating Indians.

Was Nirav Modi part of PM Modi’s Davos delegation?

And the ruling party has denied Nirav Modi was part of the prime minister’s Davos delegation. “No personal meeting with the prime minister took place,” said law and justice minister Ravi Shankar Prasad. “I wish to deny this with full authority.

Did Modi call a minister to reprimand him for foreign clothes?

Reports in serious newspapers told us that one minister got a call from Modi reprimanding him for the latter’s choice of clothes for a foreign trip. A popular news website told us: “One minister was breaking bread in a five star hotel in New Delhi with a top industrial magnate who is known to be very close to PM Modi.