PNB scam
![Nirav Modi (File pic) Nirav Modi (File pic) - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2022/11/9/Nirav-Modi%20-1667994265.jpg?itok=0zqopzWh)
Nov 09, 2022
London: In a major blow to Nirav Modi, the UK High Court in London on Wednesday rejected the appeal of a fugitive diamond merchant against his extradition to India in connection with the Punjab...
![- Sakshi Post](https://www.sakshipost.com/sites/all/modules/unveil/image_placeholder.gif)
Feb 26, 2021
The UK court, on Thursday, ordered the extradition of fugitive jeweller Nirav Modi, wanted by the Central Bureau of Investigation and the Enforcement Directorate in a Rs 13,500-crore bank loan fraud...
![File Image - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2020/06/10/choksimodi-1519477277-1591797732.jpg?itok=DGzBiVho)
Jun 10, 2020
NEW DELHI: The Enforcement Directorate (ED) on Wednesday brought back over 2,300 kg of polished diamonds and pearls worth Rs 1,350 crore of firms belonging to fugitive diamantaire Nirav Modi and...
![Nirav Modi’s Raigad Beach Bungalow Razed Nirav Modi’s Raigad Beach Bungalow Razed - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2019/03/08/NIRAV_MODI.jpg?itok=0ZHbEc19)
Mar 08, 2019
Authorities here on Friday carried out a controlled blast to raze the luxurious beach bungalow of absconding diamantaire Nirav Modi
![Mehul Choksi and Nirav Modi Mehul Choksi and Nirav Modi - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/07/25/mekul.jpg?itok=f-1ehUFX)
Jul 25, 2018
New Delhi: Gitanjali Group of firms owner Mehul Choksi, the accused in over Rs 13,500 crore Punjab National Bank (PNB) fraud case along with his nephew Nirav Modi, moved to
![Nirav Modi Nirav Modi - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/06/23/nirav_modi.jpg?itok=oIJHDMWW)
Jun 23, 2018
The CBI had tried to track the movements of Nirav Modi through a diffusion notice issued through the Interpol on February 15
![Billionaire jeweller Nirav Modi.  Billionaire jeweller Nirav Modi.  - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/05/21/Nirav_modi.jpg?itok=oMP5jKZu)
May 21, 2018
Enforcement Directorate took fresh action against Nirav Modi and attached assets worth Rs 170 crore of the absconding diamantaire in connection with its money laundering probe in the over USD 2...
![Mehul Choksi and Nirav Modi Mehul Choksi and Nirav Modi - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/05/20/nirchok.jpg?itok=NF1fr-E1)
May 20, 2018
CBI is likely to approach Interpol for a Red Corner Notice against absconding billionaire jewellers Nirav Modi and Mehul Choksi who are allegedly the brains behind the over USD 2 billion scam in...
![Punjab National Bank Punjab National Bank - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/05/20/pnb.jpg?itok=GiT7h5Q1)
May 20, 2018
In reply to an RTI query, the state-owned bank also declined to share copy of inspection reports related to the scam
![Representative Image Representative Image - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/05/18/6e6ac9f3_e8d6_48d8_b1e1_81465366ddcc.jpg?itok=3jUB6e3C)
May 18, 2018
ED has issued summons to Nirav Modi’s father Deepak Modi, sister Purvi Mehta and her husband Mayank Mehta as part of its probe in the multi-crore PNB fraud; ED Summons Nirav Modi’s Father, Sister In...
![Nirav Modi Nirav Modi - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/05/17/nirav_modi.jpg?itok=keIrVKNE)
May 17, 2018
The chargesheet was filed in the Special CBI Court in Mumbai, naming a total of 18 accused
![Billionaire jeweller Mehul Choksi Billionaire jeweller Mehul Choksi - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/05/16/0e0d7dc4_bb57_4bcd_9033_a8b90d239dee.jpg?itok=BtvbXCl2)
May 16, 2018
CBI filed its supplementary chargesheet against billionaire jeweller Mehul Choksi, his companies under Gitanjali Group; PNB Scam: Choksi Wanted By CBI
![Ananthasubramanian Ananthasubramanian - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/05/15/Allahabad_Bank_Usha_Ananthasubramanian.jpg?itok=ZUWeQ1aj)
May 15, 2018
Ananthasubramanian, who was the Managing Director and Chief Executive Officer of the Punjab National Bank (PNB) from August 2015 to May 2017
![PNB reported the Rs 13,000 crore fraud committed by the accused diamantaire Nirav Modi and his uncle Mehul Choksi -- both of whom are on the run PNB reported the Rs 13,000 crore fraud committed by the accused diamantaire Nirav Modi and his uncle Mehul Choksi -- both of whom are on the run - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/05/02/pnb.jpg?itok=UZhAHqSZ)
May 02, 2018
PNB reported the Rs 13,000 crore fraud committed by the accused diamantaire Nirav Modi and his uncle Mehul Choksi
![Nirav Modi Nirav Modi - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/04/22/niravmodi.jpg?itok=XmUfmtDj)
Apr 22, 2018
The government has intervened in the bankruptcy proceedings of Nirav Modi firms in the US to protect the interests of Punjab National Bank
![Nirav Modi Nirav Modi - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/04/09/30349fc3-0365-4504-8e07-693694710151.jpg?itok=pw3_blzl)
Apr 09, 2018
China on Monday hinted it won’t push for fugitive Indian jeweller Nirav Modi’s arrest, who is suspected to be in Hong Kong
![Nirav Modi Nirav Modi - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/03/28/8c011ba5-8aaf-4b20-835b-52e56b3036a4.jpg?itok=tAfI0ZmY)
Mar 28, 2018
The Enforcement Directorate has arrested Firestar Group Vice President Shyam Sunder Wadhwa, a confidant of Nirav Modi, who is wanted in PNB scam
![Punjab National Bank Punjab National Bank - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/03/27/375ce29b-f290-43b1-a58b-bb644eadafb6.jpg?itok=4Otc_e6F)
Mar 27, 2018
The vertical will solely focus on stressed assets and recovery of NPAs
![A Mumbai branch of PNB had fraudulently issued LoUs for the group of companies belonging to Nirav Modi since March 2011 A Mumbai branch of PNB had fraudulently issued LoUs for the group of companies belonging to Nirav Modi since March 2011 - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/03/25/6b5c057c-fd3e-4375-bede-7c480fccb1b9.jpg?itok=3OS36N09)
Mar 25, 2018
Punjab National Bank (PNB) plans to take part in the bankruptcy proceeding of Firestar Diamond, a group company of jewellery designer Nirav Modi
![Mehul Choksi Mehul Choksi - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/03/20/f431b5ed-099b-4e4f-9b96-b6ea99c9b7ff.jpg?itok=YyUeRgHe)
Mar 20, 2018
In a two-page March 16-dated letter to the Central Bureau of Investigation (CBI), Choksi denied he was a partner of Diamond R US, Stellar Diamond and Solar Exports
![The CBI has filed another case against former Deputy Manager of PNB, Gokulnath Shetty -- who was arrested in multi-crore fraud involving Modi and Choksi -- for allegedly issuing Letters of Undertaking worth Rs 9.09 crore to Chandri Papers The CBI has filed another case against former Deputy Manager of PNB, Gokulnath Shetty -- who was arrested in multi-crore fraud involving Modi and Choksi -- for allegedly issuing Letters of Undertaking worth Rs 9.09 crore to Chandri Papers - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/03/15/8392a3d5-8e53-43b9-a94e-b2323dd0669f.jpg?itok=KvHF90he)
Mar 15, 2018
The CBI has filed another case against former Deputy Manager of PNB, Gokulnath Shetty -- who was arrested in multi-crore fraud involving Modi and Choksi -- for allegedly issuing Letters of...
![The PNB filed a fresh complaint to the CBI alleging it has uncovered additional exposure of about Rs 942.18 crore defraud by Gitanjali Group of companies in connection with a multi-crore fraud.  The PNB filed a fresh complaint to the CBI alleging it has uncovered additional exposure of about Rs 942.18 crore defraud by Gitanjali Group of companies in connection with a multi-crore fraud.  - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/03/14/1a683d78-3b92-4694-8110-d5ae50b95634.jpeg?itok=rcSjS2lo)
Mar 14, 2018
The PNB filed a fresh complaint to the CBI alleging it has uncovered additional exposure of about Rs 942.18 crore defraud by Gitanjali Group of companies in connection with a multi-crore fraud.
![Nirav Modi Nirav Modi - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/03/08/b749e113-dc72-4974-9235-9a4aff059188.jpg?itok=U9PjTnOU)
Mar 08, 2018
The CBI has registered a fresh case against billionaire jeweller Nirav Modi in connection with the fraud in credit facilities extended by Punjab National Bank
![Nirav Modi Nirav Modi - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/03/04/420cba78-7dd0-4bab-a8ec-f2367b06f9a5.gif?itok=_DxVUUrW)
Mar 04, 2018
Diamond trader Nirav Modi, who is at the centre of the Rs 12,700-crore fraud at the Punjab National Bank (PNB),
![Nirav Modi Nirav Modi - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/03/02/ef400697-0663-4f1f-9c66-c62cfb635ff3.jpg?itok=fsFdVaAL)
Mar 02, 2018
The United States government is aware of media reports that diamond jeweller Nirav Modi is in the country but is unable to confirm them
![Nirav Modi Nirav Modi - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/03/01/30349fc3-0365-4504-8e07-693694710151.jpg?itok=kczzpQSC)
Mar 01, 2018
The department has issued a Look Out Circular (LoC), also known as a blue corner notice against Modi and his uncle Mehul Choksi, the promoter of Gitanjali Gems
![PNB Scam PNB Scam - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/02/27/PNB_Scams.jpg?itok=OPOFUxZZ)
Feb 27, 2018
The fraud-hit Punjab National Bank (PNB) has reported an additional Rs 1,300 crore unauthorised transactions, taking the estimated quantum to Rs 12,600 crore in the scam
![Nirav Modi Nirav Modi - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/02/24/nirav-modi.jpg?itok=ao77p9x_)
Feb 24, 2018
ED attached 21 properties, including a penthouse and a farmhouse, of Nirav Modi and his group worth over Rs 523 crore in fresh action
![Abhishek Manu Singhvi Abhishek Manu Singhvi - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/02/24/Abhishek-Manu-Singhvi.jpg?itok=Crb91GGc)
Feb 24, 2018
Anita Singhvi, the wife of senior Congress leader Abhishek Manu Singhvi, filed her response to the Income Tax department, which had issued her a notice to explain certain jewellery purchases
![Prime Minister Narendra Modi Prime Minister Narendra Modi - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/02/24/narendra.jpg?itok=CA4FG8c3)
Feb 24, 2018
Breaking his silence over the Rs 11,400-crore fraud at India’s second-biggest public sector bank PNB, PM Narendra Modi has finally reacted to the issue
![There have been reports appearing in the media that the Bank has transferred close to 18,000 employees, the same is factually incorrect There have been reports appearing in the media that the Bank has transferred close to 18,000 employees, the same is factually incorrect - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/02/23/pnb.jpg?itok=8jsWHQiA)
Feb 23, 2018
PNB has transferred 257 Sub Staff, 437 Clerks and 721 Officers (Total 1,415 employees) since 19th February 2018
![On February 14, Punjab National Bank<a href="http://www.sakshipost.com/search?q=pnb"> </a>disclosed that it detected fraudulent transactions with financial implication of about Rs 11,346 cror On February 14, Punjab National Bank<a href="http://www.sakshipost.com/search?q=pnb"> </a>disclosed that it detected fraudulent transactions with financial implication of about Rs 11,346 cror - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/02/22/nirav.jpg?itok=FI62_xxj)
Feb 22, 2018
Shares of Gitanjali Gems continued to face selling pressure for the seventh straight session today following PNB scam
![](/sites/default/files/images/sakshipost_placeholder_medium.png)
Feb 21, 2018
Yet Another Important Arrest In PNB Scam Case
![The closure of the unit has badly affected the workers who include 200 physically handicapped. The closure of the unit has badly affected the workers who include 200 physically handicapped. - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/02/20/dharna.jpg?itok=K7JRyWlw)
Feb 20, 2018
The closure of the unit has badly affected the workers who include 200 physically handicapped.
![Prime Minister Narendra Modi Prime Minister Narendra Modi - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/02/20/modii.jpg?itok=DG42k1w-)
Feb 20, 2018
Maun Modi PM’s silence on PNB Scam evokes funny memes on Twitter
![Representational Image  Representational Image  - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/02/19/PNB.jpg?itok=lMnwwXSh)
Feb 19, 2018
The CBI sealed the Brady House Branch of the Punjab National Bank as multiple probe agencies continued with their probe into the Rs 11,515 crore fraud, according to officials.
![JD(U) leader Sharad Yadav JD(U) leader Sharad Yadav - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/02/18/Sharad.jpg?itok=1DQkBEJh)
Feb 18, 2018
Rebel JD(U) leader Sharad Yadav today demanded the Narendra Modi government’s resignation over the alleged multi-crore-rupee Punjab National Bank (PNB) scam.
![Sebi may give a fresh push to its “on-hold” proposal to mandate listed firms to disclose all loan defaults within a day Sebi may give a fresh push to its “on-hold” proposal to mandate listed firms to disclose all loan defaults within a day - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/02/18/sebi.jpg?itok=dKT2P2Vn)
Feb 18, 2018
Sebi has already launched a probe into trading and disclosure related issues in the matter of Punjab National Bank (PNB) and Gitanjali Gems
![Six properties in Mumbai belonging to the jeweller were also sealed. Six properties in Mumbai belonging to the jeweller were also sealed. - Sakshi Post](https://www.sakshipost.com/sites/default/files/styles/imagestack/public/article_images/2018/02/17/Nirav-Modi-680x365.jpg?itok=4XHrZ9-S)
Feb 17, 2018
The Enforcement Directorate (ED) conducted raids at 21 more places across India and seized assets worth Rs 25 crore in connection with the PNB scam.