Consortium of banks realizes Rs 7,975.27 cr by sale of assets
Out of which, assets worth Rs 15,113.91 crore have been restituted to the Public Sector Banks. In addition, assets worth Rs 335.06 crore have been confiscated by the government.
Out of which, assets worth Rs 15,113.91 crore have been restituted to the Public Sector Banks. In addition, assets worth Rs 335.06 crore have been confiscated by the government.
The govt further said that the total proceeds of crime in the PMLA cases pending before the top court amounts to Rs 67,000 Crores.
Nirav Modi has been granted permission to appeal his extradition to India on two grounds. The is reviewing the next steps with the Government of India, a spokesperson said.
The judge noted that the arguments made under both grounds overlap in this case as they both rely principally on the appellant, Nirav Modi's mental ill-health.
The ED has attached several assets of Nirav Modi running into crores of rupees in connection with the case
The ED said it has till date attached properties worth Rs 4,744 crore in connection with the case in India and abroad.
The agency has also attached five overseas bank accounts belonging to Nirav Modi having a balance of total Rs 278 Crore.
Mehul Choksi had earlier in July claimed that he had taken the citizenship of the Caribbean island nation.
A Red Corner Notice has been issued by the Interpol against Nirav Modi his brother Neeshal Modi and sister Purvi Modi, who are Belgian citizens.
Mallya, who was wanted in India for his alleged role in a multi-crore bank loan fraud case, on Wednesday claimed that he met Jaitley before leaving India in 2016.
