NAB fraud case

Indian Bank wins Rs 100-crore case against Nirav Modi

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Indian Bank wins Rs 100-crore case against Nirav Modi

LONDON: A London High Court judge on Tuesday ruled in favor of Indian banks, detaining a fugitive diamond businessman Nirav Modi It does owe more than $10.7 million (a little over Rs 100 crore) to public sector banks.Simon Tinkler, delivering the judgment at the London Circuit Commercial Court on Tuesday, said: “Mr Modi paid the … Read more

Defiant Nirav Modi accuses CBI and ED of destroying his business

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Defiant Nirav Modi accuses CBI and ED of destroying his business

TOI London correspondentNirav Modi on Thursday struck a defiant note in the dock in the Bank of India (BOI) trial, saying the banks, along with the CBI and ED, destroyed the business he spent 20 years building and that he did not commit the fraud against Punjab National Bank.Nirav testified in a separate civil trial … Read more