#mehul choksi company

[newsreadersin]

PNB scam case: Thailand company of Mehul Choksi worth 13 cr attached by ED New Delhi/Thailand : A factory in Thailand worth over Rs 13 crore of Gitanjali group, owned by absconding diamond jeweler Mehul Choksi was attached by the Enforcement Directorate (ED) official said, in connection with the alleged $2 billion PNB fraud case.

[weelectronicstudentreviewstuff]

PNB fraud case: Enforcement Directorate seizes Rs 329 cr assets of Nirav Modi in India, UAE and United Kingdom | Companies News

PNB fraud case: Enforcement Directorate seizes Rs 329 cr assets of Nirav Modi in India, UAE and United Kingdom | Companies News

New Delhi: The Enforcement Directorate (ED) on Wednesday (July 8) attached properties of diamond merchant Nirav Modi totalling Rs 329.66 crore, under the Fugitive Economic Offenders Act 2018 (FEOA).

These confiscated properties include four flats at the iconic building Samudra Mahal in Worli Mumbai, one seaside farmhouse and land in Alibaug, Wind Mill in Jaisalmer, flat in London and residential…

[iammitesh86]

List of 28 people who looted money from Indian banks:-

1) Vijay Mallya

2) Mehul Choksi

3) Nirav Modi

4) Nishan Modi

5) Pushpesh Baidya

6) Ashish Jobanputra

7) Sunny Kalra

8) Aarti Kalra

9) Sanjay Kalra

10) Varsha Kalra

11) Sudhir Kalra

12) Jatin Mehta

13) Umesh Parikh

14) Kamlesh Parikh

15) Nilesh Parikh

16) Vinay Mittal

17) Eklavya Garga

18) Chetan Jayantilal

19) Nitin Jayantilal

20) Deepti Chetan

21) Saviya Seth

22) Rajiv Goyal

23) Alka Goyal

24) Lalit Modi

25) Ritesh Jain

26) Hitesh Nagendrabhai Patel

27) Mayuriben Patel

28) Ashish Suresh Bhai

The total amount looted was Rs. 10,000,000,000,000/- is.

(is ten trillion rupees)

something special-

None of them are Pakistani

None of them are Muslims,

None of them are empty,

None of them are Sikhs, none of them are Jats, farmers, laborers, workers,

None of these so-called urban Naxalites,

None of these belong to OBC/SC/ST,

None of these belong to Haryana Punjab Uttar Pradesh Rajasthan

Except Vijay Mallya, everyone else is from Gujarat!

People need to ask themselves this question.

They owned private companies and the government wants to give them to government banks, in the hands of private companies, the money of government banks belongs to the common people. Save the government banks, save the country. ✊Please share this message as much as possible, so that the eyes of the bigots are opened, how in the name of Hindutva, they have looted the hard earned money of the countrymen and settled abroad.

#money #banks #people #badloan #bharatjodoyatra

[breakingnews365]

Bad Boy Billionaires: Mehul Choksi moves High Court regarding Netflix Web Series

Bad Boy Billionaires: Mehul Choksi moves High Court regarding Netflix Web Series

Netflix has announced the new documentary web series Bad Boy Billionaires. This document-series will show the story of some of the major economic crimes in the country and the industrialists who executed it. After the announcement of this series, the proclaimed fugitive diamond trader Mehul Choksi, through his lawyer Vijay Agarwal, has approached the Delhi High Court seeking a preview of the…

[znewstech]

CBI registers three more cases against Mehul Choksi

CBI registers three more cases against Mehul Choksi

NEW DELHI: The Central Bureau of Investigation (CBI) on Friday registered three more FIRs in Mumbai against fugitive businessman Mehul Choksi for cheating and criminal breach of trust. The FIRs were registered on the complaint of the Deputy General Manager of Punjab National Bank. The first FIR reads that complaint against Mehul Chinubhai Choksi, the Director/Promotor of the holding company viz.…

[squarwell-breakingnews]

CBI registers three more cases against Mehul Choksi - Times of India

CBI registers three more cases against Mehul Choksi – Times of India

NEW DELHI: The Central Bureau of Investigation (CBI) on Friday registered three more FIRs in Mumbai against fugitive businessman Mehul Choksi for cheating and criminal breach of trust. The FIRs were registered on the complaint of the Deputy General Manager of Punjab National Bank. The first FIR reads that complaint against Mehul Chinubhai Choksi, the Director/Promotor of the holding company viz.…

[new-haryanvi-ragni]

Mehul Choksi Fraud: CBI files fresh case for cheating Canara Bank-led consortium of Rs 55.27 crore

Mehul Choksi Fraud: CBI files fresh case for cheating Canara Bank-led consortium of Rs 55.27 crore

The CBI has filed a fresh FIR against fugitive diamantaire Mehul Choksi for allegedly cheating a Canara Bank-led consortium to the tune of Rs 55.27 crore.  source https://zeenews.india.com/companies/mehul-choksi-fraud-cbi-files-fresh-case-for-cheating-canara-bank-led-consortium-of-rs-55-27-crore-2485385.html

[todaynewsguru]

PNB case: ED names Choksi’s wife in supplementary chargesheet, says was ‘hand in glove’ with husband

PNB case: ED names Choksi’s wife in supplementary chargesheet, says was ‘hand in glove’ with husband

THE ENFORCEMENT Directorate (ED) named fugitive diamantaire Mehul Choksi’s wife Priti Kothari for the first time in its supplementary chargesheet in the Punjab National Bank (PNB) alleged fraud case, stating that she was “hand in glove with her husband” and was the “ultimate beneficial owner”. Kothari and Choksi along with three companies controlled by them as well as PNB’s former employee…

[ultimateketomealplan]

Mehul Choksi in Fresh Trouble, CBI Books Him for Inflating Value of 'Lab Diamonds' to Get Rs 25-cr Loan

Mehul Choksi in Fresh Trouble, CBI Books Him for Inflating Value of ‘Lab Diamonds’ to Get Rs 25-cr Loan

Absconding diamantaire Mehul Choksi is in fresh trouble after the Central Bureau of Investigation booked him for allegedly inflating the value of diamonds and jewellery pledged to get Rs 25 crore loan. Officials said the new case was registered on Monday and, along with Choksi, his company Gitanjali Gems and valuers Surajmal Lallu Bhai and Co, Narendra Jhaveri, Pradip C Shah and Shrenik Shah were…

[theliveusa]

CBI files fresh case of cheating against Mehul Choksi

CBI files fresh case of cheating against Mehul Choksi

The Central Bureau of Investigation (CBI) has registered a fresh case against fugitive diamantaire Mehul Choksi and his company Gitanjali Gems for allegedly defrauding the Industrial Finance Corporation of India (IFCI). A senior CBI officer said that after the preliminary inquiry into the complaint received against Mehul Choksi and his company Gitanjali Gems from the Assistant General Manager…

[newsreadersin]

New Post has been published on http://newsreaders.in/pnb-scam-case-thailand-company-of-mehul-choksi-attached-by-ed/

PNB scam case: Thailand company of Mehul Choksi worth 13 cr attached by ED

New Delhi/Thailand : A factory in Thailand worth over Rs 13 crore of Gitanjali group, owned by absconding diamond jeweler Mehul Choksi was attached by the Enforcement Directorate (ED) official said, in connection with the alleged $2 billion PNB fraud case.

The agency said it has issued a provisional order for attachment, under the PMLA, of the factory premise owned by Abbey-crest (Thailand) Limited which is a “group company” of the Gitanjali group of companies.

���Investigations under PMLA revealed that Abbey-crest (Thailand) Limited is the beneficiary of the LoUs (Letters of Undertaking) issued fraudulently and unauthorized from the PNB to the tune of Rs 92.3 crore.

“During probe, this overseas property has been identified and after gathering concrete evidence of ownership it has been attached,” the ED said in a statement. The value of the property is Rs 13.14 crore, it added. The ED is probing this case under the Prevention of Money Laundering Act (PMLA).

Officials said ED investigators will soon get issued Letters Regulatory (judicial requests) for legal formalization of the attachment of the foreign based asset.

Choksi, his nephew and diamond jeweller Nirav Modi, and others are being probed under various criminal laws after the fraud came to light, following a complaint from the Punjab National Bank (PNB) that they allegedly cheated the nationalized bank to the tune of over Rs 13,000 crore, with the purported involvement of some of its employees.

Both Choksi and Nirav Modi are absconding since the case was registered by the ED and the Central Bureau of Investigation (CBI). Choksi was last reported to be in the Caribbean nation of Antigua and Barbuda.

“With this attachment, the value of attachment/seizure in the PNB scam is to the tune of of Rs 4,765 crore (approx). Further investigation is in process,” the ED said. PNB scam: ED attaches Thailand factory

Read more : News Readers

[weelectronicstudentreviewstuff]

PNB Fraud case: PMLA court orders seizure of Nirav Modi's assets worth Rs 1400 crore | Companies News

PNB Fraud case: PMLA court orders seizure of Nirav Modi’s assets worth Rs 1400 crore | Companies News

New Delhi: The Prevention of Money Laundering Act (PMLA) court in Mumbai on Monday (June 8) gave a major blow to fugitive diamond trader Nirav Modi and ordered confiscation his of properties worth Rs 1400 crore. Nirav Modi is the key accused in the Punjab National Bank (PNB) fraud case worth over Rs 13,000 crore.

Earlier in December 2019, the diamond trader was declared as a fugitive economic…

[digitaltrand]

Mehul Choksi pledged #39;lab diamonds#39; with inflated valuation to get Rs 25 crore loan from IFCI: CBI

Mehul Choksi pledged #39;lab diamonds#39; with inflated valuation to get Rs 25 crore loan from IFCI: CBI

Mehul Choksi (Image: Moneycontrol) The CBI has filed a fresh case against absconding diamantaire Mehul Choksi, wanted along with his nephew Nirav Modi in a loan fraud case of Rs 13,500 crore, for allegedly inflating the value of diamonds and jewellery pledged to get Rs 25 crore loan from IFCI, officials said on Monday. The CBI has booked Mehul Choksi, his company Gitanjali Gems and valuers…

[insightonlinenews]

ED attaches Nirav Modi’s foreign assets worth Rs 637 cr

The Enforcement Directorate (ED) said on Monday it has attached foreign properties of fugitive diamond jeweller Nirav Modi worth Rs 637 crore in its ongoing investigation into the Punjab National Bank (PNB) fraud.

A senior ED official said that the financial probe agency has been working in close coordination with other foreign agencies in order to identify and attach foreign properties of Nirav Modikept secret at various international locations.

The attached properties were in the form of jewellery, bank accounts and immovable properties.

The official also said that it has brought diamond jewellery worth Rs 22.69 crore back to India from Hong Kong.

According to the ED, a stock of jewellery was exported to Hong Kong after a case was registered against Nirav Modi by the Central Bureau of Investigation (CBI) in January.

This was kept in a vault of a private company in Hong Kong on behalf of Nirav Modi.

“The agency contacted the company and its London headquarters and after much persuasion and follow up, it successfully brought back the jewellery to India,” the official said.

He also said that the stock value of the jewellery was around Rs 85 crore and the jewellery was sent to Hong Kong by Firestar Group of Companies. On independent valuation, the value of jewellery came to Rs 22.69 crore.

The ED has also attached a flat in south Mumbai worth Rs 19.5 crore which was on the name of Nirav Modi’s sister Purvi, who is a Belgian national.

The official said that the flat was purchased by Purvi in 2017 and the deed was signed by Nirav Nodi’s brother Neeshal, who is also a Belgian national and who held a power of attorney.

“But the consideration of the flat was paid by Purvi through her Barclays Bank account maintained in Singapore,” the official said.

Meanwhile, the agency also attached five bank accounts containing over Rs 278 crore, belonging to Nirav Modi, Purvi and others in the case.

Interpol has issued an RCN against Nirav Modi, Neeshal, Purvi and his executive Subhash Parab.

Interpol on Monday on the request of the Central Bureau of Investigation (CBI) and ED issued a Red Corner Notice (RCN) against Nirav Modi’s trusted official Aditya Nanavati in the PNB fraud.

According to CBI sources, Nanavati’s links with Neeshal have been found.

Nanavati used to head the operations of the Firestar Diamond’s business in Hong Kong. It is learnt that he was also in Belgium.

Nirav Modi and his uncle Mehul Choksi of Gitanjali Group are under probe by both the CBI and ED. The ED had on May 24 and 26 filed the charge-sheets against both.

Non-bailable warrants have been issued against them.

Nirav Modi left India along with his family in the first week of January, before the scam was reported to the CBI.

Source:- International Business News Today

[squarwell-breakingnews]

Sebi bans Mehul Choksi from market for 10 years - Times of India

Sebi bans Mehul Choksi from market for 10 years – Times of India

MUMBAI: Markets regulator Sebi has banned fugitive businessman Mehul Choksi, former promoter & chairman of Gitanjali Gems, from trading in the markets for 10 years for using front entities to trade in the shares of the company to maintain its price from falling. Choksi has also been fined Rs 5 crore for the same Sebi rule violations that restricts promoters of a company from trading in the shares…

[new-haryanvi-ragni]

PNB fraud: ED files chargesheet against Mehul Choksi's wife, others

PNB fraud: ED files chargesheet against Mehul Choksi’s wife, others

This is the first prosecution complaint filed by the federal agency against Choksi’s wife Priti Pradyotkumar Kothari. source https://zeenews.india.com/companies/pnb-fraud-ed-files-chargesheet-against-mehul-choksis-wife-others-2471205.html