Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » India
1-min read

ED Files Fresh Charge Sheet Against Nirav Modi in PNB Scam

The ED said that the charge sheet or the prosecution complaint has been filed before a special Prevention of Money Laundering Act (PMLA) court in Mumbai.

PTI

Updated:March 11, 2019, 3:25 PM IST
facebookTwitterskypewhatsapp
ED Files Fresh Charge Sheet Against Nirav Modi in PNB Scam
File photo of Nirav Modi.
Loading...

New Delhi: The Enforcement Directorate (ED) has filed a fresh charge sheet against PNB scam accused Nirav Modi under the anti-money laundering law, officials said on Monday. They said the charge sheet or the prosecution complaint has been filed before a special Prevention of Money Laundering Act (PMLA) court in Mumbai.

This is a supplementary charge sheet against the diamantaire and few others and the agency has recorded additional evidence gathered in the case and attachments made, they said. Further details about the contents of the charge sheet are awaited.

The development comes two days after a British daily reported that Nirav Modi, accused in the USD 2-billion Punjab National Bank(PNB) scam, is living in a swanky 8-million pound apartment in London's West End and is now involved in a new diamond business.

The ED had said on March 9 that the United Kingdom's home secretary has recently referred India's request for extraditing the tainted businessman to a court for initiating legal proceedings against him. The ED had filed the first charge sheet in this case in May last year.

The agency and the CBI are investigating Nirav Modi, his uncle Mehul Choksi and others for alleged money laundering and corruption to perpetrate the alleged scam in the Brady House branch of the PNB in Mumbai that was unearthed last year.

Nirav Modi, 48, is currently living in a three-bedroom flat occupying half of a floor of the landmark Centre Point tower block in London, where rent is estimated to cost 17,000 pounds a month, The Telegraph had reported. It has also attached his assets worth Rs 1,873.08 crore under the PMLA and has seized assets linked to him and his family worth Rs 489.75 crore.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results