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
Ahead of the hearing, Rahul Gandhi had in a tweet claimed that the defamation case was filed against him by his 'political opponents' in a 'desperate attempt to silence him'.
Mehul Choksi and his nephew Nirav Modi are being investigated by the ED and the CBI after it was detected that they allegedly cheated Punjab National Bank of more than Rs 13,400 crore.
Nirav Modi was arrested by uniformed Scotland Yard officers on an extradition warrant on March 19 and has been in prison since.
The Enforcement Directorate (ED) requested the Interpol to locate and arrest Nehal Modi who is a Belgian national.
The Westminster Magistrates Court ordered the Metropolitan Police to place him in its custody till the next hearing on August 22.
