22
Wednesday
May 2019
6:08 AM IST
News Headlines
Hyundai Archery World Cup final to be held in Russia        Mohammad Amir, Wahab Riaz named in Pakistan''s World Cup squad        Uber partners with ICC for Men''s cricket World Cup 2019        Markets soar in early trade; Sensex zooms 942 points, rupee gains 79 paise        Lanka govt appeals to parents to send their children to school without fear        US delays implementation of Huawei trade ban by 90 days : Commerce Dept.        Swaraj to attend SCO foreign ministers meet in Bishkek from Tuesday        International calls diversion racket held in Telangana        Welcome decision to sack me as UP minister: Rajbhar        China "regrets" Security Council''s rejection of Russian-requested meeting on Ukraine        LS polls come to close; over 64 pc voting recorded in last phase        PM performs puja at Kedarnath after meditating for 17 hrs, will also visit Badrinath        Modi govt set to return to power, Exit polls predict        Exit polls gossip, don''t trust them: Mamata        S. Arabia calls GCC, Arab League meetings        Blast near tourist bus injures at least 17 in Egypt        Bravo, Pollard named in W Indies reserve players list for World Cup 2019        Opposition unity: Naidu meets Akhilesh, Mayawati over opposition unity post LS polls        I could be assassinated like Indira Gandhi, BJP after my life: Kejriwal        LS polls candidate attacked in Kerala        
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National News
Home Office approves extradition request of fugitive diamond trader Nirav Modi
 
New Delhi: The UK Central Authority of Home Office has certified India''s extradition request for fugitive diamond merchant Nirav Modi, wanted in the Rs 13,500 crore Punjab National Bank (PNB) fraud case and the same has been sent to the Westminster Magistrate Court for the District Judge for further proceedings, an Enforcement Directorate statement said here on Saturday. The request to extradite Nirav Modi by the Indian authorities was made in July 2018.

Nirav Modi owned firms namely Diamond R US, Solar Exports and Stellar Diamond, Surathave got fraudulently issued Letters of Undertaking aggregating to US Dollar 1015.35 during the period from February 2011 to May, 2017 from Punjab National Bank (PNB) Mumbai branch. On the basis of FIR registered by CBI, Enforcement Directorate initiated investigation under the provisions of Prevention of Money Laundering Act (PMLA) on February 14, 2018 against Nirav Modi & others.

Immediate searches were conducted on February 15, 2018 at more than 75 searches related to this case all over India. Nirav Modi was summoned thrice to appear personally before the investigating authorities. On the request of ED, his passport was revoked by the Ministry of External Affairs. ?Total Attachment of Rs1873.08 crore vide 12 provisional attachment orders and total seizure of Rs 489.75 crore vide 20 seizure orders in Nirav Modi case including various overseas assets and Bank accounts.

The attachment includes overseas attachment of Rs 961.49 crore in Hong Kong, Switzerland, USA, Singapore & UAE?, the ED release reads. A Prosecution Complaint under PMLA was filed on May 24,.2018and cognizance of the same has been taken by the Court and Open Ended Non Bailable Warrant was issued on July 27,2018. Application under Fugitive Economic Offenders Act, 2018 has been filed on July10,2018 against Nirav Modi for declaring him a fugitive offender and for confiscation of his properties worth Rs 1404.7Crore. The proceedings are pending before the PMLA Special Court.

Supplementary Prosecution Complaint has been filed on February 28,2019. Money trail of US Dollar 927 million out of ''Proceed of Crime of US Dollar 1015 million has been ascertained. 18 Letter Rogetaries (LR)have been sent to Armania, Belgium, China, France, Japan, Malaysia, Russia, South Africa, UAE, UK, USA, Hong Kong, Singapore, Switzerland. Extradition requests were also sent to UK, USA and Egypt for Nirav Modi, Mihir Bhansali and Subhash Parab respectively. Red Notices have been issued against Nirav Modi, Nishal Modi, Aditya Nanavati, Ms. Purvi Modi, Mihir Bhansali and Subhash Parab on request of the probe agency.


Swaraj to attend SCO foreign ministers meet in Bishkek from Tuesday
International calls diversion racket held in Telangana
Welcome decision to sack me as UP minister: Rajbhar
LS polls come to close; over 64 pc voting recorded in last phase
PM performs puja at Kedarnath after meditating for 17 hrs, will also visit Badrinath
Exit polls gossip, don''t trust them: Mamata
Opposition unity: Naidu meets Akhilesh, Mayawati over opposition unity post LS polls
Modi is an actor, says Priyanka; compares him to Asrani in Sholay
Every religion has its own terrorist: Kamal Haasan
Rahul Gandhi meets Alwar gang-rape victim; says she will get justice
Cong not averse to supporting regional party leader for PM post: Ghulam Nabi
Pragya Thakur apologises for calling Godse a ''patriot''
Modi's legacy as Gujarat CM burden on country's communal history: Mayawati
Chappals hurled at Kamal Haasan
Priyanka's Varanasi roadshow gathers crowds
Madan B Lokur appointed judge of Supreme Court of Fiji
Morphed image of WB CM: SC says arrest of activist prima facie arbitrary
TMC behind violence in Kolkata, not BJP, says Shah
Modi's legacy as Gujarat CM burden on country's communal history: Mayawati
I am not an outsider; have come here to campaign for BJP: Amit Shah
ENTERTAINMENT NEWS
Cate Blanchett, Yvonne Strahovski to star in 'Stateless'
 Los Angeles: Cate Blanchett is set to feature in Australian TV psychological drama "Stateless".
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I am not going to get into politics: George Clooney
India moots tax breaks, refunds for foreign film units
To attack Vidyasagar is to attack Bangla language: Mahesh Bhatt
INTERNATIONAL NEWS
Lanka govt appeals to parents to send their children to school without fear
 Colombo, May 20 (PTI) Sri Lankan government on Monday appealed to all parents to send their children
US delays implementation of Huawei trade ban by 90 days : Commerce Dept.
S. Arabia calls GCC, Arab League meetings
Blast near tourist bus injures at least 17 in Egypt
KERALA NEWS
LS polls candidate attacked in Kerala
 Kannur: Independent candidate from Vadakara Lok Sabha constituency and former CPI(M) local leader CO
Two women abort their plan to enter Lord Ayyappa temple Sabarimala
Kerala CM meets CEOs of leading business firms in Switzerland
Elephant to undergo medical test for Thrissur 'pooram'
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