Sat, Oct 12, 2019
With this, Choksi joins the bank`s band of 27 other defaulters from different fields, based mainly in New Delhi, Punjab and Chandigarh, one in Lucknow, Uttar Pradesh and two in Chennai, Tamil Nadu, against whom it has filed recovery suits.
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Fri, Sep 13, 2019
PNB fraud case: After its probe found that Nehal Modi intentionally assisted his brother in concealing the alleged laundering of money and destroying evidence, the ED filed a charge sheet against him before the special PMLA court in Mumbai and the court had issued two separate open ended non bailable warrants against him.
Thu, Jun 27, 2019
The alleged scam was unearthed last year and Purvi Modi was also named as an accused in the ED chargesheet filed before a Mumbai court.
Mon, Feb 19, 2018
According to a report, Kothari`s Mall Road office in Kanpur was found shut since last week
Developments indicate that there was complicity of senior officials and the bank’s information technology department
Kothari had taken a loan of more than Rs 800 crore from five state-owned banks
Fri, Feb 16, 2018
The impact of this scam has already been felt in stock price of other jewelry firms.
Thu, Feb 15, 2018
Priyanka's mother Madhu Chopra spoke to TimesNow on PNB fraud case saying "shocked to see what is happening.".
Shares of Punjab National Bank were trading at day's low, slipping over 13 per cent after the press conference by the PNB management failed to assuage concerns around the fraud case worth over Rs 11,000 crore.
The Rs 11,400 crore financial fraud in Punjab National Bank (PNB) has snowballed, and has taken under its shadow a couple of banks and jewellery firms, and has also given us a poster boy of the scam named Nirav Modi.
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