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
Antigua is among the many tax havens in the Caribbean and has no extradition treaty with India, which makes it harder to chase the fugitive diamond merchant.
Delhi Chief Minister Arvind Kejriwal said on Sunday that Prime Minister Narendra Modi was making excuses in a vain attempt to explain his photograph with absconding bank fraud accused Nirav Modi.
Last week, it came to light that Mehul Choksi had acquired citizenship of Antigua even before the USD 2 billion Punjab National Bank fraud was unearthed.
Launching a scathing attack on the Modi government, Tharoor highlighted that Nirav Modi, was photographed with Prime Minister Narendra Modi in Davos.
A multitude of fugitive bank defaulters thumbing their noses at the Government has brought in sharp focus all that is…
