After an order by Uttar Pradesh government, an FIR was&nbsp;registered on Thursday against the Unnao rape case accused Bharatiya Janata party MLA Kuldeep Singh Sengar under various sections of the Indian Penal Code.

The police has booked accused Kuldeep Singh Sengar under sections 363, 366, 376 ,506 and POCSO Act.

The twin cases of rape and the custodial death of the victim's father has been transferred to Central Bureau of Investigation(CBI).

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<a href="https://twitter.com/hashtag/WATCH?src=hash&ref_src=twsrc%5Etfw">#WATCH</a> UP DGP OP Singh addresses BJP MLA Kuldeep Singh Senger as 'Mananiye (honourable)', later clarifies after objection by journalists, 'there is no harm in giving respect to an MLA even if he is an accused, he is not guilty yet' <a href="https://t.co/OEVmd4zvXF">pic.twitter.com/OEVmd4zvXF</a>
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Meanwhile, Police said the investigation will&nbsp;continue&nbsp;until the CBI takes over the case.

On Thursday, Home secretary held a press conference&nbsp;with other police officials in which the DGP&nbsp;&nbsp;referred to the accused as 'mananiy vidhayak'(honarable&nbsp;MLA).&nbsp;

"The arrest of Kuldeep Singh will decided by CBI as&nbsp;he is an accused and not a convict," DGP said during the press briefing.

The district magistrate of Unnao has also submitted a report to the state government on lapses on part of the district hospital in the custodial death of the victim's father.

Two doctors have&nbsp;been suspended for "negligence"&nbsp;in the case.

Based on the SIT report submitted by ADG Lucknow Zone Rajeev Krishna, the state government has also decided to suspend D K Dwivedi, CMS and Prashant Upadhyay, EMO.

"Disciplinary proceedings have been initiated against three doctors namely Manoj Kumar (ortho-surgeon), G P Sachan (surgeon) and Gaurav Agrawal (EMO) for laxity in giving proper medical care to the victim's father, both prior to judicial custody and on referral from jail to the district hospital while in judicial custody," he said the statement.

Circle Officer Safipur, Kunwar Bahadur Singh has also been suspended for negligence in handling the repeated complaints given by the victim

An 18-year-old woman had accused the BJP MLA of&nbsp;allegedly raping her. She&nbsp;further&nbsp;complained against police officers accusing them of mishandling her case.

The woman's father died in police custody on Monday after he was arrested for trying to self-immolate with his family outside Chief Minister Yogi Adtiyanath's Lucknow residence.

Following the investigation, the state government&nbsp;ordered to the police to provide adequate security to the victim and her family.

The police has booked accused Kuldeep Singh Sengar under sections 363, 366, 376 ,506 and POCSO act

After an order by Uttar Pradesh government, an FIR was registered on Thursday against the Unnao rape case accused Bharatiya Janata party MLA Kuldeep Singh Sengar under various sections of the Indian Penal Code. The police has booked accused Kuldeep Singh Sengar under sections 363, 366, 376 ,506 and POCSO Act. The twin cases of rape and the custodial death of the victim's father has been transferred to Central Bureau of Investigation(CBI). #WATCH UP DGP OP Singh addresses BJP MLA Kuldeep Singh Senger as 'Mananiye (honourable)', later clarifies after objection by journalists, 'there is no harm in giving respect to an MLA even if he is an accused, he is not guilty yet' pic.twitter.com/OEVmd4zvXF — ANI UP (@ANINewsUP) April 12, 2018 × Meanwhile, Police said the investigation will continue until the CBI takes over the case. On Thursday, Home secretary held a press conference with other police officials in which the DGP referred to the accused as 'mananiy vidhayak'(honarable MLA). "The arrest of Kuldeep Singh will decided by CBI as he is an accused and not a convict," DGP said during the press briefing. The district magistrate of Unnao has also submitted a report to the state government on lapses on part of the district hospital in the custodial death of the victim's father. Two doctors have been suspended for "negligence" in the case. Based on the SIT report submitted by ADG Lucknow Zone Rajeev Krishna, the state government has also decided to suspend D K Dwivedi, CMS and Prashant Upadhyay, EMO. "Disciplinary proceedings have been initiated against three doctors namely Manoj Kumar (ortho-surgeon), G P Sachan (surgeon) and Gaurav Agrawal (EMO) for laxity in giving proper medical care to the victim's father, both prior to judicial custody and on referral from jail to the district hospital while in judicial custody," he said the statement. Circle Officer Safipur, Kunwar Bahadur Singh has also been suspended for negligence in handling the repeated complaints given by the victim An 18-year-old woman had accused the BJP MLA of allegedly raping her. She further complained against police officers accusing them of mishandling her case. The woman's father died in police custody on Monday after he was arrested for trying to self-immolate with his family outside Chief Minister Yogi Adtiyanath's Lucknow residence. Following the investigation, the state government ordered to the police to provide adequate security to the victim and her family.

Unnao rape case: Kuldeep Singh Sengar's arrest will be decided by CBI, says DGP

The Unnao gang rape case has been handed over to the Central Bureau of Investigation after the intervention of the Prime Minister's Office, ANI reported Thursday quoting sources.&nbsp;

An Uttar Pradesh BJP MLA is the main accused in the gang rape case.&nbsp;

Kuldeep Singh Sengar has been booked by UP Police on various charges including rape, kidnapping and criminal intimidation in connection with the alleged rape of a 17-year-old girl.&nbsp;

The police have however refused to arrest him, saying the CBI will do it.&nbsp;

The case came to light after the girl and her family tried to commit suicide outside UP Chier Minister Yogi Adityanath's residence recently.&nbsp;

A few days later the girl's father died, reportedly in police custody.&nbsp;

It was after that that Adityanath said his government would take action, and that nobody — no matter how powerful — would be spared.&nbsp;

&nbsp;

Police have booked BJP MLA Kuldeep Singh Sengar for rape and kidnapping but have not arrested him, saying the CBI will do it

The Unnao gang rape case has been handed over to the Central Bureau of Investigation after the intervention of the Prime Minister's Office, ANI reported Thursday quoting sources. An Uttar Pradesh BJP MLA is the main accused in the gang rape case. Kuldeep Singh Sengar has been booked by UP Police on various charges including rape, kidnapping and criminal intimidation in connection with the alleged rape of a 17-year-old girl. The police have however refused to arrest him, saying the CBI will do it. The case came to light after the girl and her family tried to commit suicide outside UP Chier Minister Yogi Adityanath's residence recently. A few days later the girl's father died, reportedly in police custody. It was after that that Adityanath said his government would take action, and that nobody — no matter how powerful — would be spared.

Unnao gang rape case handed over to CBI after intervention of Prime Minister's Office: Sources

The Central Bureau of Investigation has initiated a probe in connection with Rs 5,280 crore loan given to Mehul Choksi’s Gitanjali Group by a consortium of banks led by the ICICI Bank.

The probe comes in addition to the existing FIR filed against Choksi and his Gitanjali Group of companies.

The fresh investigation, into Rs 5,280 crore loan amount, is separate from the Rs 13,600 crore Punjab National Bank (PNB) fraud which is already being probed by the CBI.

CBI filed a case against Choksi-led Gitanjali group of companies for allegedly defrauding the bank of Rs 4,8886.72 crore. Another PNB complaint raised on February 22 increased the fraud amount by another Rs 1,251.56 crore.

An additional complaint from PNB against the Gitanjali Group emerged, this time around the sum involved amounted to around Rs 942.18 crore.&nbsp;

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The Central Bureau of Investigation (CBI) initiates a probe in connection with Rs 5,280 crore loan given to Mehul Choksi’s Gitanjali Group by a 31-bank consortium led by the ICICI Bank
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Meanwhile. a special CBI court in Mumbai today issued a non-bailable warrant against diamond merchant Mehul Choksi.

According to reports, three summons were sent&nbsp;to Choksi on his email address, Choksi neither responded to them nor appeared before the agency.

The prosecution said there was "every reason to believe" that Choksi had fled the country and is in hiding, and that steps are being taken to secure his presence by the issuance of red corner notice by the Interpol.

"...To secure his presence and to pursue the same, an open non-bailable warrant is required against Choksi," the court was told.

It is alleged that the LoUs (Letter of Undertaking) and LCs (Letter of Credit) worth close to USD 2 billion were issued to the companies of accused Choksi and his nephew Nirav Modi from the Brady Road branch of the PNB in Mumbai through SWIFT (Society for Worldwide Interbank Financial Telecommunication) messages.

The messages were allegedly not entered in the banking software of the PNB to bypass surveillance. Several bank employees have been booked for collusion in the case.

Both Choksi and Nirav Modi have been booked in two cases each related to the bank fraud under the Prevention of Money Laundering Act and the Indian Penal Code.

The duo, along with their families, reportedly left the country in the first week of January this year, days before the alleged fraud came to light. 
 
The agency has arrested 19 people so far in connection with the fraud. The Enforcement Directorate (ED) is also conducting an independent probe.

The Central government has claimed to have tracked Modi in Hong Kong and sought his arrest under the 'Surrender of Fugitive Offenders Agreement' with Hong Kong.

(With inputs from agencies)&nbsp;

The fresh investigation, into Rs 5,280 crore loan amount, is separate from the Rs 13,600 crore Punjab National Bank (PNB) fraud which is already being probed by the CBI

The Central Bureau of Investigation has initiated a probe in connection with Rs 5,280 crore loan given to Mehul Choksi’s Gitanjali Group by a consortium of banks led by the ICICI Bank. The probe comes in addition to the existing FIR filed against Choksi and his Gitanjali Group of companies. The fresh investigation, into Rs 5,280 crore loan amount, is separate from the Rs 13,600 crore Punjab National Bank (PNB) fraud which is already being probed by the CBI. CBI filed a case against Choksi-led Gitanjali group of companies for allegedly defrauding the bank of Rs 4,8886.72 crore. Another PNB complaint raised on February 22 increased the fraud amount by another Rs 1,251.56 crore. An additional complaint from PNB against the Gitanjali Group emerged, this time around the sum involved amounted to around Rs 942.18 crore. The Central Bureau of Investigation (CBI) initiates a probe in connection with Rs 5,280 crore loan given to Mehul Choksi’s Gitanjali Group by a 31-bank consortium led by the ICICI Bank — ANI (@ANI) April 11, 2018 × Meanwhile. a special CBI court in Mumbai today issued a non-bailable warrant against diamond merchant Mehul Choksi. According to reports, three summons were sent to Choksi on his email address, Choksi neither responded to them nor appeared before the agency. The prosecution said there was "every reason to believe" that Choksi had fled the country and is in hiding, and that steps are being taken to secure his presence by the issuance of red corner notice by the Interpol. "...To secure his presence and to pursue the same, an open non-bailable warrant is required against Choksi," the court was told. It is alleged that the LoUs (Letter of Undertaking) and LCs (Letter of Credit) worth close to USD 2 billion were issued to the companies of accused Choksi and his nephew Nirav Modi from the Brady Road branch of the PNB in Mumbai through SWIFT (Society for Worldwide Interbank Financial Telecommunication) messages. The messages were allegedly not entered in the banking software of the PNB to bypass surveillance. Several bank employees have been booked for collusion in the case. Both Choksi and Nirav Modi have been booked in two cases each related to the bank fraud under the Prevention of Money Laundering Act and the Indian Penal Code. The duo, along with their families, reportedly left the country in the first week of January this year, days before the alleged fraud came to light. The agency has arrested 19 people so far in connection with the fraud. The Enforcement Directorate (ED) is also conducting an independent probe. The Central government has claimed to have tracked Modi in Hong Kong and sought his arrest under the 'Surrender of Fugitive Offenders Agreement' with Hong Kong. (With inputs from agencies)

PNB scam: Now, Rs 5,280 crore loan to Choksi under CBI scanner

The Central Bureau of Investigation (CBI) on Tuesday carried out searches at the house of Rabri Devi, wife of imprisoned RJD chief Lalu Yadav. The investigating agency also questioned Lalu and Rabri's son and former Bihar deputy chief minister Tejashwi Yadav for over four hours in connection with a railway hotel tender case.

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The CBI had registered an FIR against Lalu Prasad Yadav in July last year.&nbsp;

The FIR lodged by the CBI against Lalu Yadav stated that there were irregularities in awarding the tender for development, maintenance and operation of the BNR hotels in Ranchi and Pune during his tenure as the railway minister from 2004-2009.&nbsp;

The CBI alleged that the tender process was manipulated and changed by Lalu to help a private company.&nbsp;

The investigating agency has registered a corruption case against former Lalu Prasad and his family members, including Rabri Devi and Tejashwi Yadav. 
 
Lalu Yadav is currently in jail after his conviction in the Fodder Scam cases against him.

The investigating agency questioned Lalu and Rabri's son and former Bihar deputy chief minister Tejashwi Yadav for over four hours in connection with a railway hotel tender case.

The Central Bureau of Investigation (CBI) on Tuesday carried out searches at the house of Rabri Devi, wife of imprisoned RJD chief Lalu Yadav. The investigating agency also questioned Lalu and Rabri's son and former Bihar deputy chief minister Tejashwi Yadav for over four hours in connection with a railway hotel tender case. #Visuals CBI searches at Rabri Devi's Patna residence conclude, son Tejashwi Yadav questioned for over 4 hours in connection railway hotel tender case. pic.twitter.com/gp38UJlihX — ANI (@ANI) April 10, 2018 × The CBI had registered an FIR against Lalu Prasad Yadav in July last year. The FIR lodged by the CBI against Lalu Yadav stated that there were irregularities in awarding the tender for development, maintenance and operation of the BNR hotels in Ranchi and Pune during his tenure as the railway minister from 2004-2009. The CBI alleged that the tender process was manipulated and changed by Lalu to help a private company. The investigating agency has registered a corruption case against former Lalu Prasad and his family members, including Rabri Devi and Tejashwi Yadav. Lalu Yadav is currently in jail after his conviction in the Fodder Scam cases against him.

Hotel tender case: CBI searches Rabri Devi's house, questions Tejashwi Yadav

A special CBI court in Mumbai has issued non-bailable warrants (NBWs) against billionaire diamantaire <a href="http://www.wionews.com/india-news/worst-behind-us-will-be-out-of-nirav-modi-mess-in-6-months-pnb-md--129125">Nirav Modi and his uncle Mehul Choksi</a> in connection with the cases related to over $2 billion banking fraud in the Punjab National Bank, officials said in New Delhi on Sunday.

The special court has allowed the application of the agency for the issuance of NBWs against Modi and Choksi who had repeatedly refused to join the investigation in the scam, considered the biggest in the banking history of the country, the officials said.

The agency had written to Modi and Choksi to join probe on their official e-mail ids but they have refused to join it citing business engagements and health issues. The issuance of NBWs by a court also opens door of seeking Red Corner Notices against both of the accused from the Interpol.

The government has claimed to have tracked Modi in Hong Kong where it has sent a request for his provisional arrest.

The CBI, in the meanwhile, is questioning officials of overseas branches of Indian banks which had extended credit facilities to the companies of Modi and Choksi on the basis of fraudulent Letters of Undertaking (LoUs) issued by the Punjab National Bank’s Brady House branch in Mumbai.

The agency has also summoned the official who handled foreign exchange transactions in the Hong Kong branch of the Allahabad bank, they said, adding that he may join the probe soon.

It is alleged that the LoUs and LCs worth close to $2 billion were issued to the companies of the uncle-nephew duo of Choksi and Modi from the Brady Road branch of the bank through SWIFT (Society for Worldwide Interbank Financial Telecommunication) messages.

Several bank employees have been booked for collusion in the case, they said. The LoU is a guarantee which is given by an issuing bank to Indian banks having branches abroad to grant a short-term credit to the applicant. In case of default, the bank issuing the LoU has to pay the liability to the credit giving bank along with accruing interest.

These messages were allegedly not entered in the banking software of the PNB to bypass surveillance. Modi (46), a regular feature on the lists of rich and famous Indians since 2013, was booked by the CBI, along with his wife, brother and Choksi for allegedly cheating the state-run PNB. Both Choksi and Modi have been booked in two cases each related to the bank fraud.

The uncle-nephew duo had managed to flee the country in the first week of January days before the PNB was able to detect the fraud. The bank officials also fraudulently issued foreign letters of credit or FLCs in which the PNB guaranteed payment on behalf of the accused to their suppliers which was to be recovered from the firms of Choksi and Nirav Modi, they alleged.

Funds raised through LoUs were meant to be used for the payment of import bills of the accused companies whereas it was dishonesty and fraudulently utilised for discharging the earlier liabilities on account of buyer’s credit facilities in a kind of roll over of payments, they alleged.

The PNB has alleged in its complaint that they opened the Letters of Credit initially for smaller amounts by creating purported entries in the core banking system, they said.

The accused bank officials pursuant to the conspiracy unauthorisedly enhanced the values of the FLCs and issued amendments to the FLCs issued through SWIFT which were encashed in overseas branches of Indian banks.

According to the RBI guidelines, LoUs for gems should not be valid for more than 90 days. The CBI had approached the Interpol with a request for issuing ‘Diffusion Notice’ which was aimed at locating an individual.

A court has allowed the application of CBI for issuance of non-bailable warrants against Nirav Modi and Mehul Choksi who had repeatedly refused to join the probe.

A special CBI court in Mumbai has issued non-bailable warrants (NBWs) against billionaire diamantaire Nirav Modi and his uncle Mehul Choksi in connection with the cases related to over $2 billion banking fraud in the Punjab National Bank, officials said in New Delhi on Sunday. The special court has allowed the application of the agency for the issuance of NBWs against Modi and Choksi who had repeatedly refused to join the investigation in the scam, considered the biggest in the banking history of the country, the officials said. The agency had written to Modi and Choksi to join probe on their official e-mail ids but they have refused to join it citing business engagements and health issues. The issuance of NBWs by a court also opens door of seeking Red Corner Notices against both of the accused from the Interpol. The government has claimed to have tracked Modi in Hong Kong where it has sent a request for his provisional arrest. The CBI, in the meanwhile, is questioning officials of overseas branches of Indian banks which had extended credit facilities to the companies of Modi and Choksi on the basis of fraudulent Letters of Undertaking (LoUs) issued by the Punjab National Bank’s Brady House branch in Mumbai. The agency has also summoned the official who handled foreign exchange transactions in the Hong Kong branch of the Allahabad bank, they said, adding that he may join the probe soon. It is alleged that the LoUs and LCs worth close to $2 billion were issued to the companies of the uncle-nephew duo of Choksi and Modi from the Brady Road branch of the bank through SWIFT (Society for Worldwide Interbank Financial Telecommunication) messages. Several bank employees have been booked for collusion in the case, they said. The LoU is a guarantee which is given by an issuing bank to Indian banks having branches abroad to grant a short-term credit to the applicant. In case of default, the bank issuing the LoU has to pay the liability to the credit giving bank along with accruing interest. These messages were allegedly not entered in the banking software of the PNB to bypass surveillance. Modi (46), a regular feature on the lists of rich and famous Indians since 2013, was booked by the CBI, along with his wife, brother and Choksi for allegedly cheating the state-run PNB. Both Choksi and Modi have been booked in two cases each related to the bank fraud. The uncle-nephew duo had managed to flee the country in the first week of January days before the PNB was able to detect the fraud. The bank officials also fraudulently issued foreign letters of credit or FLCs in which the PNB guaranteed payment on behalf of the accused to their suppliers which was to be recovered from the firms of Choksi and Nirav Modi, they alleged. Funds raised through LoUs were meant to be used for the payment of import bills of the accused companies whereas it was dishonesty and fraudulently utilised for discharging the earlier liabilities on account of buyer’s credit facilities in a kind of roll over of payments, they alleged. The PNB has alleged in its complaint that they opened the Letters of Credit initially for smaller amounts by creating purported entries in the core banking system, they said. The accused bank officials pursuant to the conspiracy unauthorisedly enhanced the values of the FLCs and issued amendments to the FLCs issued through SWIFT which were encashed in overseas branches of Indian banks. According to the RBI guidelines, LoUs for gems should not be valid for more than 90 days. The CBI had approached the Interpol with a request for issuing ‘Diffusion Notice’ which was aimed at locating an individual.

PNB scam: Non-bailable warrants issued against Nirav Modi, Mehul Choksi on CBI plea

The directors of Diamond Power Infrastructure Limited (DPIL) were on Saturday arrested for not repaying a bank loan.

The directors of the Vadodara-based cable and electrical equipment maker who have been booked by the Central Bureau of Investigation include Managing Director Amit Bhatnagar, and Joint Managing Director Sumit Bhatnagar.

The Central Bureau of Investigation (CBI) had on Thursday registered a fraud case for Rs 2,654 crores against DPIL promoter SN Bhatnagar and his sons, Amit Bhatnagar and Sumit Bhatnagar.

Based on a grievance letter, the Prime Minister's Office (PMO) directed the Ministry of Finance, CBI, and Enforcement Directorate (ED) on March 6, to ascertain the facts in the case for prompt action.

The agencies probed the matter and the results of the investigation were promptly shared with various divisions of the Finance Ministry.

The Department of Financial Services, Central Board of Direct Taxes (CBDT), Ministry of Corporate Affairs, CBI, and the Enforcement Directorate worked as a joint team to ensure an optimal outcome.

The Finance Ministry also directed the banks for providing full details and the filing of the First Information Report (FIR).

DPIL and its directors have been charged by the CBI of fraudulently availing loans from 11 banks, and amassing a debt of Rs 2,654 crores as on June 29, 2016.&nbsp;

The company and its directors managed to get the term loans and credit facilities, in spite of the fact that they were already appearing on the defaulters list of the Reserve Bank of India (RBI) and Export Credit Guarantee Corporation (ECGC) caution list at the time of initial sanction of credit limits by a consortium of 11 public and private banks.

&nbsp;

The Central Bureau of Investigation had on Thursday registered a fraud case for Rs 2,654 crores against DPIL promoter SN Bhatnagar and his sons, Amit Bhatnagar and Sumit Bhatnagar

The directors of Diamond Power Infrastructure Limited (DPIL) were on Saturday arrested for not repaying a bank loan. The directors of the Vadodara-based cable and electrical equipment maker who have been booked by the Central Bureau of Investigation include Managing Director Amit Bhatnagar, and Joint Managing Director Sumit Bhatnagar. The Central Bureau of Investigation (CBI) had on Thursday registered a fraud case for Rs 2,654 crores against DPIL promoter SN Bhatnagar and his sons, Amit Bhatnagar and Sumit Bhatnagar. Based on a grievance letter, the Prime Minister's Office (PMO) directed the Ministry of Finance, CBI, and Enforcement Directorate (ED) on March 6, to ascertain the facts in the case for prompt action. The agencies probed the matter and the results of the investigation were promptly shared with various divisions of the Finance Ministry. The Department of Financial Services, Central Board of Direct Taxes (CBDT), Ministry of Corporate Affairs, CBI, and the Enforcement Directorate worked as a joint team to ensure an optimal outcome. The Finance Ministry also directed the banks for providing full details and the filing of the First Information Report (FIR). DPIL and its directors have been charged by the CBI of fraudulently availing loans from 11 banks, and amassing a debt of Rs 2,654 crores as on June 29, 2016. The company and its directors managed to get the term loans and credit facilities, in spite of the fact that they were already appearing on the defaulters list of the Reserve Bank of India (RBI) and Export Credit Guarantee Corporation (ECGC) caution list at the time of initial sanction of credit limits by a consortium of 11 public and private banks.

Diamond Power Infrastructure directors arrested for defrauding 11 banks of Rs 2,654 crore

A Delhi court Saturday decided to hear on May 11 the CBI’s plea seeking a direction to allow it to go for further probe into the politically sensitive Rs 64-crore Bofors payoff case.

The matter came up before Additional Chief Metropolitan Magistrate Anuj Agarwal, who posted it for hearing on May 11 after noting that the original records file pertaining to the case was with the Supreme Court.

“File has not come yet. Put up for consideration on May 11,” the ACMM said.

The court had on February 17 deferred the matter for Saturday due to non-availability of documents which have been provided to the apex court as it is seized of an appeal by BJP leader Ajay Agrawal challenging the May 31, 2005 verdict of the Delhi High Court quashing all charges against the accused.

Agrawal, who contested the 2014 Lok Sabha election from Rae Bareli against the then Congress president Sonia Gandhi, had filed the appeal in the apex court after the CBI had failed to challenge the high court verdict in the top court within the mandatory 90 days period.

The CBI had on February 1 moved the trial court seeking permission for further probe the matter saying it had come across fresh material and evidence.

A day after the agency had also filed an appeal against the high court decision in the Supreme Court.

After the CBI, the BJP leader had also moved the trial court supporting the plea of the probe agency in the case.

During the hearing, advocate Ajay Agarwal on Saturday told the court that the Supreme Court is likely to constitute a new bench to hear the matter soon as Justice AM Khanwilkar has recused himself from the case.

The court will also consider, on the next date of hearing, his plea asking it to grant permission to the CBI to re-investigate the case.

The agency had swung into action to approach the trial court and the apex court after the attorney general orally gave it a go ahead to file the appeal in the case in which it cited the October 2017 interview of private detective Michael Hershman, who alleged that the then Rajiv Gandhi-led Congress government had sabotaged his probe.

Justice R S Sodhi (since retired) of the Delhi High Court had on May 31, 2005 quashed the CBI case in the Bofors pay-off scam.

Before the 2005 verdict of Justice Sodhi, another judge of the Delhi High Court, Justice J D Kapoor (since retired) had on February 4, 2004 exonerated the late prime minister in the case and directed the framing of charge of forgery under section 465 of the IPC against Bofors company.

The Rs 1,437-crore deal between India and Swedish arms manufacturer AB Bofors for the supply of 400 155mm howitzer guns for the Indian Army was entered into on March 24, 1986.

Swedish Radio on April 16, 1987, had claimed that the company had paid bribes to top Indian politicians and defence personnel.

The CBI on January 22, 1990 had registered the FIR for alleged offences of criminal conspiracy, cheating and forgery under the IPC and other sections of the Prevention of Corruption Act against Martin Ardbo, the then president of AB Bofors, alleged middleman Win Chadda and the Hinduja brothers.

It had alleged that certain public servants and private persons in India and abroad had entered into a criminal conspiracy between 1982 and 1987 in pursuance of which the offences of bribery, corruption, cheating and forgery were committed

The first charge sheet in the case was filed on October 22, 1999, against Chadda, Ottavio Quattrocchi, the then defence secretary S K Bhatnagar, Ardbo and the Bofors company.

A supplementary charge sheet was filed against the Hinduja brothers — S P Hinduja, G P Hinduja and P P Hinduja — on October 9, 2000.

A special CBI court in Delhi on March 4, 2011, had discharged Quattrocchi from the case, saying the country could not afford to spend hard-earned money on his extradition which had already cost Rs 250 crore.

Quattrocchi, who had fled from India on July 29-30, 1993, never appeared before any court in India to face prosecution.

He passed away on July 13, 2013. The other accused who died are Bhatnagar, Ardbo and Chadda.

The Rs 1,437-crore deal between India and Swedish arms manufacturer AB Bofors for the supply of 400 155mm howitzer guns for the Indian Army was entered into on March 24, 1986.

A Delhi court Saturday decided to hear on May 11 the CBI’s plea seeking a direction to allow it to go for further probe into the politically sensitive Rs 64-crore Bofors payoff case. The matter came up before Additional Chief Metropolitan Magistrate Anuj Agarwal, who posted it for hearing on May 11 after noting that the original records file pertaining to the case was with the Supreme Court. “File has not come yet. Put up for consideration on May 11,” the ACMM said. The court had on February 17 deferred the matter for Saturday due to non-availability of documents which have been provided to the apex court as it is seized of an appeal by BJP leader Ajay Agrawal challenging the May 31, 2005 verdict of the Delhi High Court quashing all charges against the accused. Agrawal, who contested the 2014 Lok Sabha election from Rae Bareli against the then Congress president Sonia Gandhi, had filed the appeal in the apex court after the CBI had failed to challenge the high court verdict in the top court within the mandatory 90 days period. The CBI had on February 1 moved the trial court seeking permission for further probe the matter saying it had come across fresh material and evidence. A day after the agency had also filed an appeal against the high court decision in the Supreme Court. After the CBI, the BJP leader had also moved the trial court supporting the plea of the probe agency in the case. During the hearing, advocate Ajay Agarwal on Saturday told the court that the Supreme Court is likely to constitute a new bench to hear the matter soon as Justice AM Khanwilkar has recused himself from the case. The court will also consider, on the next date of hearing, his plea asking it to grant permission to the CBI to re-investigate the case. The agency had swung into action to approach the trial court and the apex court after the attorney general orally gave it a go ahead to file the appeal in the case in which it cited the October 2017 interview of private detective Michael Hershman, who alleged that the then Rajiv Gandhi-led Congress government had sabotaged his probe. Justice R S Sodhi (since retired) of the Delhi High Court had on May 31, 2005 quashed the CBI case in the Bofors pay-off scam. Before the 2005 verdict of Justice Sodhi, another judge of the Delhi High Court, Justice J D Kapoor (since retired) had on February 4, 2004 exonerated the late prime minister in the case and directed the framing of charge of forgery under section 465 of the IPC against Bofors company. The Rs 1,437-crore deal between India and Swedish arms manufacturer AB Bofors for the supply of 400 155mm howitzer guns for the Indian Army was entered into on March 24, 1986. Swedish Radio on April 16, 1987, had claimed that the company had paid bribes to top Indian politicians and defence personnel. The CBI on January 22, 1990 had registered the FIR for alleged offences of criminal conspiracy, cheating and forgery under the IPC and other sections of the Prevention of Corruption Act against Martin Ardbo, the then president of AB Bofors, alleged middleman Win Chadda and the Hinduja brothers. It had alleged that certain public servants and private persons in India and abroad had entered into a criminal conspiracy between 1982 and 1987 in pursuance of which the offences of bribery, corruption, cheating and forgery were committed The first charge sheet in the case was filed on October 22, 1999, against Chadda, Ottavio Quattrocchi, the then defence secretary S K Bhatnagar, Ardbo and the Bofors company. A supplementary charge sheet was filed against the Hinduja brothers — S P Hinduja, G P Hinduja and P P Hinduja — on October 9, 2000. A special CBI court in Delhi on March 4, 2011, had discharged Quattrocchi from the case, saying the country could not afford to spend hard-earned money on his extradition which had already cost Rs 250 crore. Quattrocchi, who had fled from India on July 29-30, 1993, never appeared before any court in India to face prosecution. He passed away on July 13, 2013. The other accused who died are Bhatnagar, Ardbo and Chadda.

Delhi court to hear CBI's plea for further probe in Bofors case on May 11

The Central Bureau of Investigation on Friday questioned a former Deputy Governor of the Reserve Bank, HR Khan, in connection with alleged Punjab National Bank fraud case worth Rs 12,600 crores (1.9 billion) and relaxation of gold import policy by the erstwhile UPA government, sources said today.

The officials said he was questioned about the UPA government's 20:80 gold import scheme, which was cleared by then Finance Minister Chidambaram on May 13, 2014, barely three days before the counting of votes of the general election.

The CBI, which is probing the PNB fraud involving billionaire diamantaire Nirav Modi and his uncle Mehul Choksi, had yesterday questioned three Chief General Managers and one General Manager of the Reserve Bank of India (RBI), officials said.

The four senior RBI officials were called on by investigators to help explain banking processes, sources familiar with the matter said on Thursday.&nbsp;

Nirav Modi and Mehul Choksi have been accused of defrauding banks by raising loans from overseas branches of Indian lenders using Rs 12,600 crores of fraudulent guarantees issued by rogue Punjab National Bank staff at a Mumbai branch.

The fraud, which is being investigated by the CBI and other enforcement agencies, is the biggest in the country's banking history.&nbsp;

(With inputs from agencies)

Officials said he was also questioned about the UPA government's 20:80 gold import scheme, which was cleared by then Finance Minister Chidambaram on May 13, 2014, barely three days before the counting of votes of the general election

The Central Bureau of Investigation on Friday questioned a former Deputy Governor of the Reserve Bank, HR Khan, in connection with alleged Punjab National Bank fraud case worth Rs 12,600 crores (1.9 billion) and relaxation of gold import policy by the erstwhile UPA government, sources said today. The officials said he was questioned about the UPA government's 20:80 gold import scheme, which was cleared by then Finance Minister Chidambaram on May 13, 2014, barely three days before the counting of votes of the general election. The CBI, which is probing the PNB fraud involving billionaire diamantaire Nirav Modi and his uncle Mehul Choksi, had yesterday questioned three Chief General Managers and one General Manager of the Reserve Bank of India (RBI), officials said. The four senior RBI officials were called on by investigators to help explain banking processes, sources familiar with the matter said on Thursday. Nirav Modi and Mehul Choksi have been accused of defrauding banks by raising loans from overseas branches of Indian lenders using Rs 12,600 crores of fraudulent guarantees issued by rogue Punjab National Bank staff at a Mumbai branch. The fraud, which is being investigated by the CBI and other enforcement agencies, is the biggest in the country's banking history. (With inputs from agencies)

CBI questions former RBI deputy governor in PNB fraud case: Sources

A special Central Bureau of Investigation (CBI) court on Wednesday granted bail to former finance minister P. Chidambaram's son Karti Chidambaram's chartered accountant S Bhaskararaman in connection with the INX media case.

Bhaskararaman earlier approached the court seeking anticipatory bail fearing arrest by the CBI in the case.

On March 26, The Central Bureau of Investigation (CBI) had filed a reply in the CBI Special Court and opposed Bhaskararaman's anticipatory bail plea.

Bhaskararaman was arrested from a hotel in Delhi on February 16 and was later sent to sent judicial custody.

The Supreme Court on Monday suspended further hearing on an alleged money laundering case filed against Karti Chidambaram till April 27, reports said.&nbsp;

With this ruling, the interim protection previously granted to Karti, who cannot be arrested by the Enforcement Directorate (ED) till the next date of hearing, is extended.

In March 26 hearing, Karti's interim protection was extended from March 26 to April 2. An interim protection was given to him by the Supreme Court against an arrest by the ED.

Bhaskararaman earlier approached the court seeking anticipatory bail fearing arrest by the CBI in the case

A special Central Bureau of Investigation (CBI) court on Wednesday granted bail to former finance minister P. Chidambaram's son Karti Chidambaram's chartered accountant S Bhaskararaman in connection with the INX media case. Bhaskararaman earlier approached the court seeking anticipatory bail fearing arrest by the CBI in the case. On March 26, The Central Bureau of Investigation (CBI) had filed a reply in the CBI Special Court and opposed Bhaskararaman's anticipatory bail plea. Bhaskararaman was arrested from a hotel in Delhi on February 16 and was later sent to sent judicial custody. The Supreme Court on Monday suspended further hearing on an alleged money laundering case filed against Karti Chidambaram till April 27, reports said. With this ruling, the interim protection previously granted to Karti, who cannot be arrested by the Enforcement Directorate (ED) till the next date of hearing, is extended. In March 26 hearing, Karti's interim protection was extended from March 26 to April 2. An interim protection was given to him by the Supreme Court against an arrest by the ED.

INX Media case: Karti's accountant granted bail by CBI court

The Central Bureau of Investigation has registered a preliminary enquiry (PE) against ICICI Bank CEO Chanda Kochhar's husband Deepak Kochhar who has been accused of an alleged link with Videocon group chairman Venugopal Dhoot. According to reports, the PE has been registered to verify the allegations and does not name Chanda Kochhar so far.&nbsp;

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Videocon-ICICI case: CBI registers preliminary enquiry (PE) against ICICI Bank CEO Chanda Kochhar's husband Deepak Kochhar, say sources.
— ANI (@ANI) <a href="https://twitter.com/ANI/status/979908300245434368?ref_src=twsrc%5Etfw">March 31, 2018</a></blockquote>
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It is alleged that Dhoot supplied crores of rupees to a company linked to Deepak Kochhar six months after the Videocon group received Rs 3,250 crore as loan from the ICICI Bank in the year 2012. The Videocon group had sought a loan worth a whopping Rs 40,000-crore from a host of banks.

Dhoot is accused of financing &nbsp;NuPower Renewables Pvt Ltd (NRPL) with Rs 64 crore in 2010. The private limited firm was set up by Dhoot along with Deepak Kochhar and a couple of his relatives. Dhoot, reportedly, transferred the company's proprietorship to a trust owned by Kochhar for Rs 9 lakh six months after he received the loan from the ICICI Bank.

Deepak Kochhar, Venugopal Dhoot and other "unknown bank officials" involved will undergo an investigation, the PE mentions.&nbsp;

An ICICI bank senior official noted Chanda Kochhar's involvement in the credit committee that was responsible for sanctioning the loan but rules out any possibility of her involvement in the case.&nbsp;

“The board doesn’t believe it represents a conflict as Videocon Group is not an investor in NuPower Renewables. Hence, there was no need for Chanda Kochhar to recuse herself from the committee,” MK Sharma, ICICI bank chairman told media on Thursday.

Deepak Kochhar, Venugopal Dhoot and other 'unknown bank officials' involved will undergo an investigation

The Central Bureau of Investigation has registered a preliminary enquiry (PE) against ICICI Bank CEO Chanda Kochhar's husband Deepak Kochhar who has been accused of an alleged link with Videocon group chairman Venugopal Dhoot. According to reports, the PE has been registered to verify the allegations and does not name Chanda Kochhar so far. Videocon-ICICI case: CBI registers preliminary enquiry (PE) against ICICI Bank CEO Chanda Kochhar's husband Deepak Kochhar, say sources. — ANI (@ANI) March 31, 2018 × It is alleged that Dhoot supplied crores of rupees to a company linked to Deepak Kochhar six months after the Videocon group received Rs 3,250 crore as loan from the ICICI Bank in the year 2012. The Videocon group had sought a loan worth a whopping Rs 40,000-crore from a host of banks. Dhoot is accused of financing NuPower Renewables Pvt Ltd (NRPL) with Rs 64 crore in 2010. The private limited firm was set up by Dhoot along with Deepak Kochhar and a couple of his relatives. Dhoot, reportedly, transferred the company's proprietorship to a trust owned by Kochhar for Rs 9 lakh six months after he received the loan from the ICICI Bank. Deepak Kochhar, Venugopal Dhoot and other "unknown bank officials" involved will undergo an investigation, the PE mentions. An ICICI bank senior official noted Chanda Kochhar's involvement in the credit committee that was responsible for sanctioning the loan but rules out any possibility of her involvement in the case. “The board doesn’t believe it represents a conflict as Videocon Group is not an investor in NuPower Renewables. Hence, there was no need for Chanda Kochhar to recuse herself from the committee,” MK Sharma, ICICI bank chairman told media on Thursday.

Videocon-ICICI case: CBI registers preliminary enquiry against Chanda Kochhar's husband

The Central Bureau of Investigation (CBI) is likely to move a plea in a special CBI court today. The CBI seeks the permission to record the statement of former media baron Peter Mukerjea before the court in connection with the INX media case.

CBI's plea will be filed under Section 164 of Code of Criminal Procedure (CrPC).

Peter Mukerjea was sent to CBI custody till March 31 by a Delhi court on Monday after seeking five-day custody.&nbsp;

Mukerjea-owned INX Media Ltd had allegedly paid bribes to get a Foreign Investment Promotion Board (FIPB) approval which was facilitated by former finance minister P. Chidambaram's son Karti Chidambaram.

Karti Chidambaram was granted bail by the Delhi High Court on March 23.&nbsp;

(With inputs from ANI)&nbsp;

Peter Mukerjea was sent to CBI custody till March 31 by a Delhi court on Monday

The Central Bureau of Investigation (CBI) is likely to move a plea in a special CBI court today. The CBI seeks the permission to record the statement of former media baron Peter Mukerjea before the court in connection with the INX media case. CBI's plea will be filed under Section 164 of Code of Criminal Procedure (CrPC). Peter Mukerjea was sent to CBI custody till March 31 by a Delhi court on Monday after seeking five-day custody. Mukerjea-owned INX Media Ltd had allegedly paid bribes to get a Foreign Investment Promotion Board (FIPB) approval which was facilitated by former finance minister P. Chidambaram's son Karti Chidambaram. Karti Chidambaram was granted bail by the Delhi High Court on March 23. (With inputs from ANI)

INX media case: CBI to move plea to record Peter Mukerjea's statement before court

The CBI has registered a case of alleged loan fraud of Rs 824.15 crore committed by Chennai-based Kanishk Gold Pvt Ltd on a consortium of 14 banks led by the SBI and carried out searches today, officials said.

The case has been registered by the Central Bureau of Investigation (CBI) on a complaint from the State Bank of India (SBI) on behalf of the 14-bank consortium, they said.

The agency has booked the company Kanishk Gold Pvt Ltd, its promoter Director Bhoopesh Kumar Jain, Director Neeta Jain, Tejraj Achha, Ajay Kumar Jain and Sumit Kedia besides unidentified public servants.

The CBI carried out searches at the official and residential premises of promoters of Kanishk Gold Pvt Ltd as it launched probe in the Rs 824-crore loan fraud case, the officials said.

The company engaged in manufacturing gold jewellery which was marketed under the brand name &#39;Krizz&#39; which were sold through distributors till 2014. But in 2015 it changed its business model to B2B (business-to-business) and started supplying to large retail jewellers, the SBI said in the complaint to the CBI.

The loan accounts of the company were taken over by the SBI from the ICICI in 2008, while its banking arrangement was converted into a multiple banking system in March 2011, it said.

The SBI alleged that the &quot;fraud&quot; is to the tune of Rs 824.15 crore, but the security available with it to cover the &quot;loss&quot; is only around Rs 156.65 crore.

CBI officials said the complaint has been received and the agency was in touch with the bank because of certain loopholes in the complaint which were to be rectified by the bank.

The complaint from the SBI came in public domain before the agency could complete its searches raising fears in the CBI that it may not be able to grab hold of crucial documentary evidence, sources said.

They said &quot;some vested interests&quot; may have leaked the complaint but it is trying hard to do as much damage control as possible.

The bank has alleged that the company had &quot;misrepresented and falsified&quot; the records and financial statements of the company to show a &quot;rosy picture&quot; since 2009 to avail credit facilities from it.

Kanishk Gold Pvt Ltd and its directors allegedly diverted the funds detrimental to the rights and interests of the bank, it said.

The company&#39;s account was declared fraud and non-performing asset (NPA) in 2017-18 by various lending banks, it alleged.&nbsp; 
&nbsp;

The CBI carried out searches at the official and residential premises of promoters of Kanishk Gold Pvt Ltd

The CBI has registered a case of alleged loan fraud of Rs 824.15 crore committed by Chennai-based Kanishk Gold Pvt Ltd on a consortium of 14 banks led by the SBI and carried out searches today, officials said. The case has been registered by the Central Bureau of Investigation (CBI) on a complaint from the State Bank of India (SBI) on behalf of the 14-bank consortium, they said. The agency has booked the company Kanishk Gold Pvt Ltd, its promoter Director Bhoopesh Kumar Jain, Director Neeta Jain, Tejraj Achha, Ajay Kumar Jain and Sumit Kedia besides unidentified public servants. The CBI carried out searches at the official and residential premises of promoters of Kanishk Gold Pvt Ltd as it launched probe in the Rs 824-crore loan fraud case, the officials said. The company engaged in manufacturing gold jewellery which was marketed under the brand name 'Krizz' which were sold through distributors till 2014. But in 2015 it changed its business model to B2B (business-to-business) and started supplying to large retail jewellers, the SBI said in the complaint to the CBI. The loan accounts of the company were taken over by the SBI from the ICICI in 2008, while its banking arrangement was converted into a multiple banking system in March 2011, it said. The SBI alleged that the "fraud" is to the tune of Rs 824.15 crore, but the security available with it to cover the "loss" is only around Rs 156.65 crore. CBI officials said the complaint has been received and the agency was in touch with the bank because of certain loopholes in the complaint which were to be rectified by the bank. The complaint from the SBI came in public domain before the agency could complete its searches raising fears in the CBI that it may not be able to grab hold of crucial documentary evidence, sources said. They said "some vested interests" may have leaked the complaint but it is trying hard to do as much damage control as possible. The bank has alleged that the company had "misrepresented and falsified" the records and financial statements of the company to show a "rosy picture" since 2009 to avail credit facilities from it. Kanishk Gold Pvt Ltd and its directors allegedly diverted the funds detrimental to the rights and interests of the bank, it said. The company's account was declared fraud and non-performing asset (NPA) in 2017-18 by various lending banks, it alleged.

CBI registers FIR in Rs 824-crore 'loan fraud' by Kanishk Gold; carries out searches

Fugitive diamond merchant Mehul Choksi has written to the CBI in reply to the notice the investigating agency had sent him.&nbsp;

In his reply, Choksi has said he is &quot;not making any excuse whatsoever to travel to India&quot;.&nbsp;

The CBI had earlier said that Choksi and his nephew Nirav Modi, who has become the face of the Rs 14,000 crore PNB scam, are refusing to cooperate with it in its investigation into the scam.&nbsp;

&quot;Regional Passport Office hasn&#39;t communicated with me and my passport remains suspended. I have deepest respect for your offices and assure you that I am not making any excuse, whatsoever, to travel to India,&quot; Choksi wrote to the CBI.&nbsp;&nbsp;

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I reiterate that I am abroad &amp; have earlier also responded to your notices. Surprisingly, the issues raised remain unaddressed, making my fear of safety rise to extreme levels. Media continues to conduct a trial by itself &amp; blow every issue out of proportion: <a href="https://twitter.com/hashtag/MehulChoksi?src=hash&amp;ref_src=twsrc%5Etfw">#MehulChoksi</a> to CBI
&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/975943998203420672?ref_src=twsrc%5Etfw">March 20, 2018</a></blockquote>
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&quot;I further inform that requiring me to join investigation, though leaving me helpless and information-less, by various actions taken by multiple agencies is unfair. The manner in which the allegations have been exaggerated has left me completely defenceless,&quot; he added.&nbsp;

He did however also add that he will not yet be travelling to India.&nbsp;

&quot;I am extremely held up in my business abroad and am working hard to resolves the issues it is facing due to the unnecessary closure of business in India due to untenable allegations. Further I am unable to travel to India due to my persisting health condition,&quot; he added.&nbsp;

 
&nbsp;

The fugitive diamond merchant however added that he will not yet be travelling to India

Fugitive diamond merchant Mehul Choksi has written to the CBI in reply to the notice the investigating agency had sent him. In his reply, Choksi has said he is "not making any excuse whatsoever to travel to India". The CBI had earlier said that Choksi and his nephew Nirav Modi, who has become the face of the Rs 14,000 crore PNB scam, are refusing to cooperate with it in its investigation into the scam. "Regional Passport Office hasn't communicated with me and my passport remains suspended. I have deepest respect for your offices and assure you that I am not making any excuse, whatsoever, to travel to India," Choksi wrote to the CBI. I reiterate that I am abroad & have earlier also responded to your notices. Surprisingly, the issues raised remain unaddressed, making my fear of safety rise to extreme levels. Media continues to conduct a trial by itself & blow every issue out of proportion: #MehulChoksi to CBI — ANI (@ANI) March 20, 2018 × "I further inform that requiring me to join investigation, though leaving me helpless and information-less, by various actions taken by multiple agencies is unfair. The manner in which the allegations have been exaggerated has left me completely defenceless," he added. He did however also add that he will not yet be travelling to India. "I am extremely held up in my business abroad and am working hard to resolves the issues it is facing due to the unnecessary closure of business in India due to untenable allegations. Further I am unable to travel to India due to my persisting health condition," he added.

Not making any excuse whatsoever to travel to India: Mehul Choksi to CBI

The CBI today moved the Delhi High Court challenging a special court order acquitting former telecom minister A Raja, DMK MP Kanimozhi and others in the 2G spectrum allocation scam case.

The matter was mentioned before a bench of Acting Chief Justice Gita Mittal and Justice C Hari Shankar by Additional Solicitor General (ASG) Tushar Mehta.

The court allowed it to be listed for hearing tomorrow.

The Enforcement Directorate (ED) had yesterday moved the high court against acquittal of Raja, Kanimozhi and others in a money laundering case arising out of the 2G scam.

The special court had on December 21 last year acquitted Raja, Kanimozhi and others in the cases registered by the Central Bureau of Investigation (CBI) and the ED.

Besides Raja and Kanimozhi, the special court had acquitted 17 others, including DMK supremo M Karunanidhi&#39;s wife Dayalu Ammal, Shahid Balwa and Vinod Goenka of STPL, Asif Balwa and Rajiv Aggarwal of Kusegaon Fruits and Vegetables Pvt. Ltd., film producer Karim Morani, P Amirtham and Director of Kalaignar TV Sharad Kumar in the ED case.

The ED, in its charge sheet, had alleged that Rs 200 crore was paid by Swan Telecom (P) Ltd (STPL) promoters to DMK-run Kalaignar TV.

On the same day, the trial court had acquitted Raja, Kanimozhi and 15 others, including former Telecom Secretary Siddharth Behura, Raja&#39;s erstwhile private secretary R K Chandolia, Swan Telecom promoters Shahid Usman Balwa and Vinod Goenka, Unitech Ltd. MD Sanjay Chandra and three top executives of Reliance Anil Dhirubhai Ambani Group (RADAG) -- Gautam Doshi, Surendra Pipara and Hari Nair, in the CBI&#39;s 2G case.

The CBI had alleged that there was a loss of Rs 30,984 crore to the exchequer in allocation of licences for 2G spectrum which were scrapped by the top court on February 2, 2012.

Special Judge O P Saini had held that the prosecution had &quot;miserably failed&quot; to prove the charges.

The special court, which was set up on March 14, 2011 for hearing 2G cases exclusively, had also acquitted Essar Group promoters Ravi Kant Ruia and Anshuman Ruia and six others in a separate case arising out of the 2G scam probe.

The first case, prosecuted by the CBI, had 17 accused, while the second matter, pursued by the ED, had 19 accused. The third one had eight accused including Essar promoters.

In the CBI case, Raja, Kanimozhi and 15 others were tried under provisions of the IPC and the Prevention of Corruption Act dealing with offences of criminal conspiracy, cheating, forgery, using as genuine fake documents, abusing official position, criminal misconduct by public servant and taking bribe. 
&nbsp;

Special Judge O P Saini had held that the prosecution had 'miserably failed' to prove the charges

The CBI today moved the Delhi High Court challenging a special court order acquitting former telecom minister A Raja, DMK MP Kanimozhi and others in the 2G spectrum allocation scam case. The matter was mentioned before a bench of Acting Chief Justice Gita Mittal and Justice C Hari Shankar by Additional Solicitor General (ASG) Tushar Mehta. The court allowed it to be listed for hearing tomorrow. The Enforcement Directorate (ED) had yesterday moved the high court against acquittal of Raja, Kanimozhi and others in a money laundering case arising out of the 2G scam. The special court had on December 21 last year acquitted Raja, Kanimozhi and others in the cases registered by the Central Bureau of Investigation (CBI) and the ED. Besides Raja and Kanimozhi, the special court had acquitted 17 others, including DMK supremo M Karunanidhi's wife Dayalu Ammal, Shahid Balwa and Vinod Goenka of STPL, Asif Balwa and Rajiv Aggarwal of Kusegaon Fruits and Vegetables Pvt. Ltd., film producer Karim Morani, P Amirtham and Director of Kalaignar TV Sharad Kumar in the ED case. The ED, in its charge sheet, had alleged that Rs 200 crore was paid by Swan Telecom (P) Ltd (STPL) promoters to DMK-run Kalaignar TV. On the same day, the trial court had acquitted Raja, Kanimozhi and 15 others, including former Telecom Secretary Siddharth Behura, Raja's erstwhile private secretary R K Chandolia, Swan Telecom promoters Shahid Usman Balwa and Vinod Goenka, Unitech Ltd. MD Sanjay Chandra and three top executives of Reliance Anil Dhirubhai Ambani Group (RADAG) -- Gautam Doshi, Surendra Pipara and Hari Nair, in the CBI's 2G case. The CBI had alleged that there was a loss of Rs 30,984 crore to the exchequer in allocation of licences for 2G spectrum which were scrapped by the top court on February 2, 2012. Special Judge O P Saini had held that the prosecution had "miserably failed" to prove the charges. The special court, which was set up on March 14, 2011 for hearing 2G cases exclusively, had also acquitted Essar Group promoters Ravi Kant Ruia and Anshuman Ruia and six others in a separate case arising out of the 2G scam probe. The first case, prosecuted by the CBI, had 17 accused, while the second matter, pursued by the ED, had 19 accused. The third one had eight accused including Essar promoters. In the CBI case, Raja, Kanimozhi and 15 others were tried under provisions of the IPC and the Prevention of Corruption Act dealing with offences of criminal conspiracy, cheating, forgery, using as genuine fake documents, abusing official position, criminal misconduct by public servant and taking bribe.

2G case: CBI moves Delhi High Court against acquittal of Raja, Kanimozhi

The&nbsp;Central Bureau of Investigation(CBI) has chargesheeted&nbsp;Canara Bank ex-CMD R K Dubey who was the executive director&nbsp;in Rs 68 crore alleged loan default by the&nbsp;company.&nbsp;

The CBI had earlier arrested Shibaji Panja and Kaustubh Roy who were the directors of RP Infosystems which allegedly defrauded 17 banks including Canara Bank.

Canara Bank had filed a case against loan frauds. The issue came up after the PNB scam in which Nirav Modi allegedly had a 70 crore exposure to RP system.

According to PTI, the CBI has filed chargesheet in the Tis Hazari Court against Dubey, the then Executive Directors (Ashok Kumar Gupta and VS Krishna Kumar), and two directors of the Occasional Silver Company Ltd (Kapil Gupta and Raj Kumar Gupta).

The CBI has alleged that Guptas knew Dubey and used the connection in getting loans.

It is alleged that the CBI had SMS messages from the CMD directing subordinate officers to favour the in disbursing the loan, PTI reported.

The loans were disbursed within three months of being sanctioned in December 2013, CBI said.

The loans became Non-Performing Assets(NPAs) in September, 2014 within few months of being disbursed, the&nbsp;CBI alleged.

The CBI had earlier arrested Shibaji Panja and Kaustubh Roy who were the directors of RP Infosystems

The Central Bureau of Investigation(CBI) has chargesheeted Canara Bank ex-CMD R K Dubey who was the executive director in Rs 68 crore alleged loan default by the company. The CBI had earlier arrested Shibaji Panja and Kaustubh Roy who were the directors of RP Infosystems which allegedly defrauded 17 banks including Canara Bank. Canara Bank had filed a case against loan frauds. The issue came up after the PNB scam in which Nirav Modi allegedly had a 70 crore exposure to RP system. According to PTI, the CBI has filed chargesheet in the Tis Hazari Court against Dubey, the then Executive Directors (Ashok Kumar Gupta and VS Krishna Kumar), and two directors of the Occasional Silver Company Ltd (Kapil Gupta and Raj Kumar Gupta). The CBI has alleged that Guptas knew Dubey and used the connection in getting loans. It is alleged that the CBI had SMS messages from the CMD directing subordinate officers to favour the in disbursing the loan, PTI reported. The loans were disbursed within three months of being sanctioned in December 2013, CBI said. The loans became Non-Performing Assets(NPAs) in September, 2014 within few months of being disbursed, the CBI alleged.

CBI files chargesheet against ex-Canara Bank CMD RK Dubey in 68 crore loan default case

Former chief minister of Bihar and Rashtriya Janata Dal (RJD) supremo Lalu Prasad was on Monday held guilty in the fourth fodder scam case that also involves 30 others.

A special Central Bureau of Investigation (CBI) court here in its judgment said the RJD chief was guilty of fraudulently withdrawing Rs. 3.13 crore from Dumka Treasury between December 1995 and January 1996, when he was the chief minister of undivided Bihar.

Former chief minister Jagannath Mishra from the Bhartiya Jan Congress (Rashtriya) was acquitted by the court in the case. At least 14 others were also convicted.

Lalu, who has been admitted to the Rajendra Institute of Medical Sciences (RIMS) after falling sick in the jail on Saturday, was not present for the hearing.

Lalu Prasad is already serving a jail term of 13.5 years in three fodder cases and has been lodged in the Birsa Munda jail.&nbsp;

&ldquo;Koi comment nahi karna hai (I do not want to make any comment),&rdquo; Lalu Prasad said when asked for a reaction by reporters post the verdict.

His wife, Rabri Devi said: &quot;We will follow Court&#39;s order &amp; won&#39;t leave Bihar &amp; go anywhere else however we are also going to appeal in the Court. He wasn&#39;t keeping well. He shouldn&#39;t have been called before Court in such condition.&quot;

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We will follow Court&#39;s order &amp; won&#39;t leave Bihar &amp; go anywhere else however we are also going to appeal in the Court. He wasn&#39;t keeping well. He shouldn&#39;t have been called before Court in such condition: Rabri Devi on Lalu Yadav convicted in Fodder scam (Dumka Treasury) case <a href="https://t.co/kPityE1xcX">pic.twitter.com/kPityE1xcX</a>
&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/975677204209328128?ref_src=twsrc%5Etfw">March 19, 2018</a></blockquote>
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&nbsp;

While, RJD vice-president Raghuvansh Prasad Singh was quoted saying: &quot;Ajab hai Narendra Modi aur Nitish ka mel, ajab hai khel, dubara se ho gaya Jagannath Mishra riha, aur Lalu Yadav ko jail. Ek aadmi ko jail, ek aadmi ko bail, ye hai Narendra Modi ka khel.&quot;

The nation soon took to Twitter and left no mercy in mocking Lalu.&nbsp;

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With so many convictions, Lalu Prasad Yadav still remains the shining light of social justice for all our liberals. <a href="https://twitter.com/hashtag/FodderScam?src=hash&amp;ref_src=twsrc%5Etfw">#FodderScam</a>
&mdash; tichkule &amp; tichkule (@dharmesh2b) <a href="https://twitter.com/dharmesh2b/status/975672670124568576?ref_src=twsrc%5Etfw">March 19, 2018</a></blockquote>
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<a href="https://twitter.com/hashtag/FodderScam?src=hash&amp;ref_src=twsrc%5Etfw">#FodderScam</a> 
RJD chief Lalu Prasad Yadav found guilty in fourth case <a href="https://t.co/SIGcYtrsEa">pic.twitter.com/SIGcYtrsEa</a>
&mdash; Rahul verma (@Rahul9798Verma) <a href="https://twitter.com/Rahul9798Verma/status/975673359395622912?ref_src=twsrc%5Etfw">March 19, 2018</a></blockquote>
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Is Lalu Prasad YADAV tweeting from prison? And if not, then who&rsquo;s the wise guy handling his Twitter account? Either way, it&rsquo;s a disaster!
&mdash; SUHEL SETH (@suhelseth) <a href="https://twitter.com/suhelseth/status/973861344633131010?ref_src=twsrc%5Etfw">March 14, 2018</a></blockquote>
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&nbsp;

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Lalu prasad yadav life story is real case to understand KARMA OF LIFE<a href="https://twitter.com/hashtag/FodderScam?src=hash&amp;ref_src=twsrc%5Etfw">#FodderScam</a>
&mdash; crime master gogo (@vipul2777) <a href="https://twitter.com/vipul2777/status/975681454230315008?ref_src=twsrc%5Etfw">March 19, 2018</a></blockquote>
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&nbsp;

A special CBI court here in its judgment said the RJD chief was guilty of fraudulently withdrawing Rs 3.13 crore from Dumka Treasury between December 1995 and January 1996, when he was the chief minister of undivided Bihar

Former chief minister of Bihar and Rashtriya Janata Dal (RJD) supremo Lalu Prasad was on Monday held guilty in the fourth fodder scam case that also involves 30 others. A special Central Bureau of Investigation (CBI) court here in its judgment said the RJD chief was guilty of fraudulently withdrawing Rs. 3.13 crore from Dumka Treasury between December 1995 and January 1996, when he was the chief minister of undivided Bihar. Former chief minister Jagannath Mishra from the Bhartiya Jan Congress (Rashtriya) was acquitted by the court in the case. At least 14 others were also convicted. Lalu, who has been admitted to the Rajendra Institute of Medical Sciences (RIMS) after falling sick in the jail on Saturday, was not present for the hearing. Lalu Prasad is already serving a jail term of 13.5 years in three fodder cases and has been lodged in the Birsa Munda jail. “Koi comment nahi karna hai (I do not want to make any comment),” Lalu Prasad said when asked for a reaction by reporters post the verdict. His wife, Rabri Devi said: "We will follow Court's order & won't leave Bihar & go anywhere else however we are also going to appeal in the Court. He wasn't keeping well. He shouldn't have been called before Court in such condition." We will follow Court's order & won't leave Bihar & go anywhere else however we are also going to appeal in the Court. He wasn't keeping well. He shouldn't have been called before Court in such condition: Rabri Devi on Lalu Yadav convicted in Fodder scam (Dumka Treasury) case pic.twitter.com/kPityE1xcX — ANI (@ANI) March 19, 2018 × While, RJD vice-president Raghuvansh Prasad Singh was quoted saying: "Ajab hai Narendra Modi aur Nitish ka mel, ajab hai khel, dubara se ho gaya Jagannath Mishra riha, aur Lalu Yadav ko jail. Ek aadmi ko jail, ek aadmi ko bail, ye hai Narendra Modi ka khel." The nation soon took to Twitter and left no mercy in mocking Lalu. With so many convictions, Lalu Prasad Yadav still remains the shining light of social justice for all our liberals. #FodderScam — tichkule & tichkule (@dharmesh2b) March 19, 2018 × #FodderScam RJD chief Lalu Prasad Yadav found guilty in fourth case pic.twitter.com/SIGcYtrsEa — Rahul verma (@Rahul9798Verma) March 19, 2018 × Is Lalu Prasad YADAV tweeting from prison? And if not, then who’s the wise guy handling his Twitter account? Either way, it’s a disaster! — SUHEL SETH (@suhelseth) March 14, 2018 × Lalu prasad yadav life story is real case to understand KARMA OF LIFE#FodderScam — crime master gogo (@vipul2777) March 19, 2018 ×

'We will appeal court verdict,' Lalu Prasad's wife Rabri Devi

The Central Bureau of Investigation (CBI) on Saturday summoned three police officers for questioning in relation to the Prince murder case.

The officers&nbsp;who were summoned are a part of the Special Investigation Team (SIT) which was probing the Prince murder case.

They are inspector Shamsher Singh, ASI Subhash and scientific assistant Jyoti Singh.&nbsp;

The CBI asked for the three officials to be summoned in a letter to the Gurugram&#39;s District Commissioner of Police and his SIT chief Ashok Bakshi.

Prince&#39;s family has demanded action against the Gurugram Police for its poor investigation of the case.

Media reports quoted CBI sources as saying that the police officials have been summoned by the CBI because it wants to investigate the initial probe which led to the arrest of bus conductor Ashok, who the CBI says is innocent.

The CBI had filed its charge sheet on February 5. The agency had said there was no evidence to prove the bus conductor&#39;s involvement in the crime.

A Child Special Court on February 28<a href="http://www.wionews.com/india-news/gurugram-school-murder-case-accused-bus-conductor-acquitted-34335"> acquitted the bus conductor</a> of the murder.

The class 2 student was found dead in the toilet of the school with his throat slit on September 8, 2017.&nbsp;

Hours after the murder, the Gurugram Police had arrested the bus conductor for allegedly murdering the student and had claimed that he tried to molest him and killed him with a knife when he resisted.&nbsp;

However, the man&#39;s family had alleged that the police had extracted a confession from him under pressure.

However, on November 6, in a sudden turn of events, the Central Bureau of Investigation (CBI) apprehended a Class 11 student in connection with the killing and said that it did not find any evidence against the bus conductor.

On investigation, it was found that the new suspect, who is also from the same school, allegedly murdered the boy in a bid to postpone exams and a parent teachers meeting. &nbsp; 
&nbsp;

The officials who were summoned are a part of the Special Investigation Team (SIT) which was probing the Prince murder case

The Central Bureau of Investigation (CBI) on Saturday summoned three police officers for questioning in relation to the Prince murder case. The officers who were summoned are a part of the Special Investigation Team (SIT) which was probing the Prince murder case. They are inspector Shamsher Singh, ASI Subhash and scientific assistant Jyoti Singh. The CBI asked for the three officials to be summoned in a letter to the Gurugram's District Commissioner of Police and his SIT chief Ashok Bakshi. Prince's family has demanded action against the Gurugram Police for its poor investigation of the case. Media reports quoted CBI sources as saying that the police officials have been summoned by the CBI because it wants to investigate the initial probe which led to the arrest of bus conductor Ashok, who the CBI says is innocent. The CBI had filed its charge sheet on February 5. The agency had said there was no evidence to prove the bus conductor's involvement in the crime. A Child Special Court on February 28 acquitted the bus conductor of the murder. The class 2 student was found dead in the toilet of the school with his throat slit on September 8, 2017. Hours after the murder, the Gurugram Police had arrested the bus conductor for allegedly murdering the student and had claimed that he tried to molest him and killed him with a knife when he resisted. However, the man's family had alleged that the police had extracted a confession from him under pressure. However, on November 6, in a sudden turn of events, the Central Bureau of Investigation (CBI) apprehended a Class 11 student in connection with the killing and said that it did not find any evidence against the bus conductor. On investigation, it was found that the new suspect, who is also from the same school, allegedly murdered the boy in a bid to postpone exams and a parent teachers meeting.

Gurugram school murder: CBI summons cops for questioning

The Central Bureau of Investigation (CBI) on Saturday summoned three officials of the Gurugram Police officials for questioning with relation to the Prince murder case.

The officials who were summoned are a part of the Special Investigation Team (SIT) which was probing the Prince murder case.

They are inspector Shamsher Singh, ASI Subhash and scientific assistant Jyoti Singh.&nbsp

The CBI aked for the three officials to be summoned in a letter to the Gurugram's District commissioner of Police and his SIT chief Ashok Bakshi.

Prince's family has demanded action against the Gurugram Police for its poor investigation of the case.

Media reports quoted CBI sources as saying that the police officials have been summoned by the CBI because it wants to investigate the initial probe which led to the arrest of bus conductor Ashok, who the CBI says is innocent.

The CBI had filed its chargesheet on February 5. The agency had said there was no evidence to prove the bus conductor's involvement in the crime.

A Child Special Court on February 28<a href="http://www.wionews.com/india-news/gurugram-school-murder-case-accused-bus-conductor-acquitted-34335"> acquitted the bus conductor</a> of the murder.

The class 2 student was found dead in the toilet of the school with his throat slit on September 8, 2017.&nbsp

Hours after the murder, the Gurugram Police had arrested the bus conductor for allegedly murdering the student and had claimed that he tried to molest him and killed him with a knife when he resisted.&nbsp

However, the man's family had alleged that the police had extracted a confession from him under pressure.

However, on November 6, in a sudden turn of events, the Central Bureau of Investigation (CBI) apprehended a Class 11 student in connection with the killing and said that it did not find any evidence against the bus conductor.

On investigation, it was found that the new suspect, who is also from the same school, allegedly murdered the boy in a bid to postpone exams and a parent teachers meeting. &nbsp

The Central Bureau of Investigation (CBI) on Saturday summoned three officials of the Gurugram Police officials for questioning with relation to the Prince murder case. The officials who were summoned are a part of the Special Investigation Team (SIT) which was probing the Prince murder case. They are inspector Shamsher Singh, ASI Subhash and scientific assistant Jyoti Singh. The CBI aked for the three officials to be summoned in a letter to the Gurugram's District commissioner of Police and his SIT chief Ashok Bakshi. Prince's family has demanded action against the Gurugram Police for its poor investigation of the case. Media reports quoted CBI sources as saying that the police officials have been summoned by the CBI because it wants to investigate the initial probe which led to the arrest of bus conductor Ashok, who the CBI says is innocent. The CBI had filed its chargesheet on February 5. The agency had said there was no evidence to prove the bus conductor's involvement in the crime. A Child Special Court on February 28 acquitted the bus conductor of the murder. The class 2 student was found dead in the toilet of the school with his throat slit on September 8, 2017. Hours after the murder, the Gurugram Police had arrested the bus conductor for allegedly murdering the student and had claimed that he tried to molest him and killed him with a knife when he resisted. However, the man's family had alleged that the police had extracted a confession from him under pressure. However, on November 6, in a sudden turn of events, the Central Bureau of Investigation (CBI) apprehended a Class 11 student in connection with the killing and said that it did not find any evidence against the bus conductor. On investigation, it was found that the new suspect, who is also from the same school, allegedly murdered the boy in a bid to postpone exams and a parent teachers meeting.

Gurugram school murder: CBI summons police officials for questioning

F<a href="http://www.wionews.com/india-news/mehul-choksi-refuses-to-appear-in-front-of-cbi-on-health-grounds-35086" target="_blank">ugitive diamantaire Mehul Choksi </a>has refused to appear in front of the CBI.

He wrote them a letter, blaming health problems for his inability to travel.

Here is the full text of his letter to the investigating agency.&nbsp;

Dear Sir, 
Please refer to the notice in the captioned FIR, sent by you seeking my appearance before your good office on 07.03.2018 at 10.30 AM which has been received by me on my E-mail as I am travelling.

I wish to bring to your kind attention that your good self and your office is well aware that my passport has been suspended as the same was communicated to you vide my previous reply also.

As you have, in your letter dated 28.02.2018, have stated that &lsquo;it is not clear whether you have responded to the Notice of the Passport Authorities to their satisfaction for getting the suspension revoked.&rsquo;, I bring to your notice that on 16.02.2018, I received an email from the Passport Office which stated that my Passport has been suspended due to the reason &lsquo;Security Threat to India&rsquo;. On 28.02.2018, I sent an e-mail to the Regional Passport Office, Mumbai, requesting them to revoke the suspension of my Passport, however, I have not received any reply from the Regional Passport Office.

I want to assure your good office and good self that I am in no manner dictating the terms of my appearance. However, as my Passport stands suspended by the Regional Passport Office under Section 10(3)(c) of the Passport Act, it is impossible for me to travel back to India. I further wish to point out that the Regional Passport Office Mumbai has not given me any explanation as to why my Passport has been suspended and as to how I am a Security Threat to India. This goes to show that my Passport has been suspended in a manner which violates my Constitutional Rights.

In my last communication to your good self, I had expressed my apprehension and concern for my family&rsquo;s and my safety. I further wish to bring to your attention that I am being threatened by individuals with whom I have a business relationship. As there has been a complete and sudden closure of business, my employees, customers, creditors etc have started to show their animosity towards me.

I am concerned about my health and well-being. In case I am arrested, then I would not be able to get proper health care and would be provided treatment only in a government hospital. I would be further denied treatment in a private hospital. Even though right to receive proper medical treatment is provided in the Constitution of India, however, in practicality a person accused of an offence who is behind prison is denied a doctor of his own choice.

Furthermore, the various Political Parties in India have been politicizing the issue with a view to glorify their own interests. The entire reports being published in newspapers, various statements made by members of various political parties and the trial by media has therefore left me remediless and therefore a bias has been caused against me.

The different media reports portray as if I have already been convicted by the Hon&rsquo;ble Courts of India. They have caused great prejudice to my fundamental rights enshrined by the Constitution of India. Right to life and right to fair trail are quintessential fundamental rights guaranteed by the Constitution. The various news reports and publications against me violate those rights. I have got a sense from the different reports and publication that there is great unfairness which is prevalent against me and I would not get a fair treatment and a fair trial. There is presumption of innocence in favour of every person until he is proved guilty. This fundamental principle has been ignored by the media which is evident from their various reports.

The media is conducting a trial by itself and is blowing each and every issue out of proportion and is exaggerating allegations and this has left me completely defenseless, especially as my Passport has been suspended, without due process.

Multiple investigating agencies are after my life and the Central Bureau of Investigation has seized my office servers and I have no record of my business dealings. I am further being deprived of my basic right to communicate and the seizure of my servers have effectively denied me my fundamental right to defend myself against the allegations that have been leveled against me. I wish to bring to your notice and attention that I have been rendered defenseless. All the documents that were lying in my offices have been seized by the Investigating Agencies. I have also not been supplied with any copies of those documents.

My properties, both moveable and immovable, have been seized and/or attached by multiple investigating agencies. The investigating agencies have sealed my existing showrooms and have further seized the stock which was lying in the showrooms and have termed the same as &ldquo;proceeds of crime&rdquo;. Despite these seizures, CBI has not placed on judicial record the Seizure Memo as per the provisions of the Code of Criminal Procedure.

The Investigating Agencies cannot in any way infringe the fundamental right to silence as enshrined under the Indian Constitution. It is well settled that an investigating agency cannot adopt measures to get information by unfair means and cannot force a person to accede to their requests in giving them the desired answers.

CBI in this matter has seized documents from various places during investigation in the matter. Even though under Section 102 CrPC the police officer has power to seize property which may be alleged or suspected to have been stolen, or which may be found under circumstances which create suspicion of the commission of any offence, the submission of a seizure report is a mandatory requirement of Section 102 CrPC. It is necessary that the requirement of Section 102 CrPC be complied with by CBI.

There has been a gross abuse of process of law by the Investigating Agencies. The seizure of my movable/immovable properties, bank accounts and shutting down of all my offices in India has caused prejudice against me. It is in the interest of justice that I be granted an opportunity to have a free and fair trial, however, the investigating agencies are acting with a pre-determined mind which is hampering the process of law and interfering with the course of justice.

It has been held by the Hon&rsquo;ble Supreme Court that an Investigating Officer must conduct a fair and proper investigation to bring out the real truth. It is imperative that the Investigating Officer must not act as Prosecution in order to have the accused convicted by the Hon&rsquo;ble Courts.

I am deeply affected by the media and Investigating Agencies as they have also roped in my family members with a view to prejudice me. The media and investigating agencies are aware that they can harass me if my family members can be connected to the cases filed against me.

I have been called a &lsquo;fugitive&rsquo; many a times and I would like to inform your good offices that I had travelled abroad for my business, prior to the registration of the captioned FIR and this is no manner can mean that my travel abroad was a direct result of the registration of the captioned FIR. Further, the searches conducted by the Enforcement Directorate are contrary to the provisions of the Prevention of Money Laundering Act and the Code of Criminal Procedure.

The unfairness of the investigation is apparent as my family members have been roped in without any justification and the moreover the allegations leveled against Mr. Nirav Modi are different.

The unfair manner in which the investigation is being carried out is evident from the fact that you good self had directed me to approach the Embassy for a temporary travel document, knowing fully well that under no provision of law, a direction can be issued to me to go to an Embassy.

I am suffering from extreme mental agony due to the above aspects raised. The notice has been issued directing me to appear on 07.03.2018 at 10:30 AM without even considering the above mentioned factors.

I am also not in a position to travel due to my persisting health problem. I had a cardiac procedure which was conducted in the first week of February 2018 and there is still pending work to be done on the same. The entire procedure could not be completed on all veins due to danger to kidney and therefore I am not allowed to travel for at least a period of four to six months.

I reiterate that I am continuing to work outside India and considering the difficulties my business has faced due to the unfairness of the investigating agencies, it is requested to your good self to communicate with me on mail ... (email deleted) or my Advocate ... (name and number of advocate deleted) in respect of any issues which you consider is needed to be addressed to me concerning the investigation.

 
Regards, 
Mehul Choksi

&nbsp;

&nbsp;

Citing health troubles, Choksi has said he cannot appear before the CBI for questioning

Fugitive diamantaire Mehul Choksi has refused to appear in front of the CBI. He wrote them a letter, blaming health problems for his inability to travel. Here is the full text of his letter to the investigating agency. Dear Sir, Please refer to the notice in the captioned FIR, sent by you seeking my appearance before your good office on 07.03.2018 at 10.30 AM which has been received by me on my E-mail as I am travelling. I wish to bring to your kind attention that your good self and your office is well aware that my passport has been suspended as the same was communicated to you vide my previous reply also. As you have, in your letter dated 28.02.2018, have stated that ‘it is not clear whether you have responded to the Notice of the Passport Authorities to their satisfaction for getting the suspension revoked.’, I bring to your notice that on 16.02.2018, I received an email from the Passport Office which stated that my Passport has been suspended due to the reason ‘Security Threat to India’. On 28.02.2018, I sent an e-mail to the Regional Passport Office, Mumbai, requesting them to revoke the suspension of my Passport, however, I have not received any reply from the Regional Passport Office. I want to assure your good office and good self that I am in no manner dictating the terms of my appearance. However, as my Passport stands suspended by the Regional Passport Office under Section 10(3)(c) of the Passport Act, it is impossible for me to travel back to India. I further wish to point out that the Regional Passport Office Mumbai has not given me any explanation as to why my Passport has been suspended and as to how I am a Security Threat to India. This goes to show that my Passport has been suspended in a manner which violates my Constitutional Rights. In my last communication to your good self, I had expressed my apprehension and concern for my family’s and my safety. I further wish to bring to your attention that I am being threatened by individuals with whom I have a business relationship. As there has been a complete and sudden closure of business, my employees, customers, creditors etc have started to show their animosity towards me. I am concerned about my health and well-being. In case I am arrested, then I would not be able to get proper health care and would be provided treatment only in a government hospital. I would be further denied treatment in a private hospital. Even though right to receive proper medical treatment is provided in the Constitution of India, however, in practicality a person accused of an offence who is behind prison is denied a doctor of his own choice. Furthermore, the various Political Parties in India have been politicizing the issue with a view to glorify their own interests. The entire reports being published in newspapers, various statements made by members of various political parties and the trial by media has therefore left me remediless and therefore a bias has been caused against me. The different media reports portray as if I have already been convicted by the Hon’ble Courts of India. They have caused great prejudice to my fundamental rights enshrined by the Constitution of India. Right to life and right to fair trail are quintessential fundamental rights guaranteed by the Constitution. The various news reports and publications against me violate those rights. I have got a sense from the different reports and publication that there is great unfairness which is prevalent against me and I would not get a fair treatment and a fair trial. There is presumption of innocence in favour of every person until he is proved guilty. This fundamental principle has been ignored by the media which is evident from their various reports. The media is conducting a trial by itself and is blowing each and every issue out of proportion and is exaggerating allegations and this has left me completely defenseless, especially as my Passport has been suspended, without due process. Multiple investigating agencies are after my life and the Central Bureau of Investigation has seized my office servers and I have no record of my business dealings. I am further being deprived of my basic right to communicate and the seizure of my servers have effectively denied me my fundamental right to defend myself against the allegations that have been leveled against me. I wish to bring to your notice and attention that I have been rendered defenseless. All the documents that were lying in my offices have been seized by the Investigating Agencies. I have also not been supplied with any copies of those documents. My properties, both moveable and immovable, have been seized and/or attached by multiple investigating agencies. The investigating agencies have sealed my existing showrooms and have further seized the stock which was lying in the showrooms and have termed the same as “proceeds of crime”. Despite these seizures, CBI has not placed on judicial record the Seizure Memo as per the provisions of the Code of Criminal Procedure. The Investigating Agencies cannot in any way infringe the fundamental right to silence as enshrined under the Indian Constitution. It is well settled that an investigating agency cannot adopt measures to get information by unfair means and cannot force a person to accede to their requests in giving them the desired answers. CBI in this matter has seized documents from various places during investigation in the matter. Even though under Section 102 CrPC the police officer has power to seize property which may be alleged or suspected to have been stolen, or which may be found under circumstances which create suspicion of the commission of any offence, the submission of a seizure report is a mandatory requirement of Section 102 CrPC. It is necessary that the requirement of Section 102 CrPC be complied with by CBI. There has been a gross abuse of process of law by the Investigating Agencies. The seizure of my movable/immovable properties, bank accounts and shutting down of all my offices in India has caused prejudice against me. It is in the interest of justice that I be granted an opportunity to have a free and fair trial, however, the investigating agencies are acting with a pre-determined mind which is hampering the process of law and interfering with the course of justice. It has been held by the Hon’ble Supreme Court that an Investigating Officer must conduct a fair and proper investigation to bring out the real truth. It is imperative that the Investigating Officer must not act as Prosecution in order to have the accused convicted by the Hon’ble Courts. I am deeply affected by the media and Investigating Agencies as they have also roped in my family members with a view to prejudice me. The media and investigating agencies are aware that they can harass me if my family members can be connected to the cases filed against me. I have been called a ‘fugitive’ many a times and I would like to inform your good offices that I had travelled abroad for my business, prior to the registration of the captioned FIR and this is no manner can mean that my travel abroad was a direct result of the registration of the captioned FIR. Further, the searches conducted by the Enforcement Directorate are contrary to the provisions of the Prevention of Money Laundering Act and the Code of Criminal Procedure. The unfairness of the investigation is apparent as my family members have been roped in without any justification and the moreover the allegations leveled against Mr. Nirav Modi are different. The unfair manner in which the investigation is being carried out is evident from the fact that you good self had directed me to approach the Embassy for a temporary travel document, knowing fully well that under no provision of law, a direction can be issued to me to go to an Embassy. I am suffering from extreme mental agony due to the above aspects raised. The notice has been issued directing me to appear on 07.03.2018 at 10:30 AM without even considering the above mentioned factors. I am also not in a position to travel due to my persisting health problem. I had a cardiac procedure which was conducted in the first week of February 2018 and there is still pending work to be done on the same. The entire procedure could not be completed on all veins due to danger to kidney and therefore I am not allowed to travel for at least a period of four to six months. I reiterate that I am continuing to work outside India and considering the difficulties my business has faced due to the unfairness of the investigating agencies, it is requested to your good self to communicate with me on mail ... (email deleted) or my Advocate ... (name and number of advocate deleted) in respect of any issues which you consider is needed to be addressed to me concerning the investigation. Regards, Mehul Choksi

If arrested, will only get treatment in government hospital: Read full text of Mehul Choksi's letter to CBI

The Central Bureau of Investigation has challenged the <a href="http://www.wionews.com/india-news/aarushi-talwar-murder-case-rajesh-nupur-talwar-acquitted-22340" target="_blank">acquittal of Dr&nbsp;Rajesh and Nupur Talwar</a>&nbsp;in the murder of their daughter Aarushi Talwar.

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CBI moves Supreme Court challenging Talwars&#39; acquittal in Aarushi Talwar murder case. <a href="https://t.co/E2vpq8X9vV">pic.twitter.com/E2vpq8X9vV</a>
&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/971757931468394496?ref_src=twsrc%5Etfw">March 8, 2018</a></blockquote>
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On October 12,&nbsp;2017, the Allahabad High Court had set aside a CBI court&#39;s conviction and acquitted the couple&nbsp;of the murder of their daughter.&nbsp;

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The court had said it was giving the &quot;benefit of doubt&quot; to the couple.

In December 2017, Hemraj&#39;s wife had also moved&nbsp;the Supreme Court challenging&nbsp;the acquittal&nbsp;

<a href="http://www.wionews.com/india-news/aarushi-hemraj-double-murder-hemrajs-wife-challenges-talwars-acquittal-in-supreme-court-26859" target="_blank">Aarushi-Hemraj double murder: Hemraj&#39;s wife challenges Talwars&#39; acquittal in Supreme Court</a>

The Talwars had filed an appeal with the Allahabad High Court challenging the CBI court order which had convicted them of the murder of their daughter Aarushi and their domestic help Hemraj.

Fourteen-year-old Aarushi was found dead inside her room at the Talwars&#39; Noida, Uttar Pradesh home with her throat slit on the intervening night of May 15-16, 2008.&nbsp;

Hemraj was initially suspected of the murder after he was thought to be missing but his body was found on the terrace of the Talwar home a day&nbsp;later.

Aarushi&#39;s father Rajesh Talwar was arrested seven days after his daughter&#39;s murder by the Uttar Pradesh police on May 23, 2008.&nbsp;

The case was later taken over by the CBI.&nbsp;

In 2009, the CBI had handed over the investigation to a new team, which in 2010 recommended closing the case due to critical gaps in the investigation.

It named Rajesh Talwar as the sole suspect based on circumstantial evidence but refused to charge him because of a lack of evidence.The court however refused to allow the CBI to close the case.

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The Allahabad High Court had set aside a CBI court's conviction and acquitted the couple of the murder of their daughter on October 12

The Central Bureau of Investigation has challenged the acquittal of Dr Rajesh and Nupur Talwar in the murder of their daughter Aarushi Talwar. CBI moves Supreme Court challenging Talwars' acquittal in Aarushi Talwar murder case. pic.twitter.com/E2vpq8X9vV — ANI (@ANI) March 8, 2018 × On October 12, 2017, the Allahabad High Court had set aside a CBI court's conviction and acquitted the couple of the murder of their daughter. × The court had said it was giving the "benefit of doubt" to the couple. In December 2017, Hemraj's wife had also moved the Supreme Court challenging the acquittal Aarushi-Hemraj double murder: Hemraj's wife challenges Talwars' acquittal in Supreme Court The Talwars had filed an appeal with the Allahabad High Court challenging the CBI court order which had convicted them of the murder of their daughter Aarushi and their domestic help Hemraj. Fourteen-year-old Aarushi was found dead inside her room at the Talwars' Noida, Uttar Pradesh home with her throat slit on the intervening night of May 15-16, 2008. Hemraj was initially suspected of the murder after he was thought to be missing but his body was found on the terrace of the Talwar home a day later. Aarushi's father Rajesh Talwar was arrested seven days after his daughter's murder by the Uttar Pradesh police on May 23, 2008. The case was later taken over by the CBI. In 2009, the CBI had handed over the investigation to a new team, which in 2010 recommended closing the case due to critical gaps in the investigation. It named Rajesh Talwar as the sole suspect based on circumstantial evidence but refused to charge him because of a lack of evidence.The court however refused to allow the CBI to close the case.

Aarushi Talwar murder case: CBI challenges parents' acquittal in Supreme Court

&nbsp;A CBI court today turned down an interim bail plea of Rotomac Global chairman Vikram Kothari in connection with an alleged Rs 3,695-crore bank loan default case and set March 14 for hearing his regular bail plea.

Judge M P Chaudhary remanded him in judicial custody.

The CBI produced Kothari, along with his son Rahul, in the court after his police remand ended today. They were sent to police remand on February 24.

Vikram Kothari had moved the interim plea for bail on the ground of his old age and ailment.

The CBI opposed the plea and said that he was hale and hearty. The court considered the facts and found that he was not entitled for interim bail on the said grounds.

The CBI arrested Vikram Kothari on February 23.

A consortium of seven nationalised banks has given bank loans worth Rs 2,919 crore to Rotomac Global Pvt Limited from 2008 onwards, the CBI&#39;s FIR has alleged. The amount swelled to Rs 3,695 crore, including the accrued interest, because of repeated defaults on payment, the agency said.

 
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Judge M P Chaudhary remanded Vikram Kothari in judicial custody

A CBI court today turned down an interim bail plea of Rotomac Global chairman Vikram Kothari in connection with an alleged Rs 3,695-crore bank loan default case and set March 14 for hearing his regular bail plea. Judge M P Chaudhary remanded him in judicial custody. The CBI produced Kothari, along with his son Rahul, in the court after his police remand ended today. They were sent to police remand on February 24. Vikram Kothari had moved the interim plea for bail on the ground of his old age and ailment. The CBI opposed the plea and said that he was hale and hearty. The court considered the facts and found that he was not entitled for interim bail on the said grounds. The CBI arrested Vikram Kothari on February 23. A consortium of seven nationalised banks has given bank loans worth Rs 2,919 crore to Rotomac Global Pvt Limited from 2008 onwards, the CBI's FIR has alleged. The amount swelled to Rs 3,695 crore, including the accrued interest, because of repeated defaults on payment, the agency said.

Rotomac owner Vikram Kothari's interim bail plea rejected

The Central Bureau of Investigation has cleared that they do not believe the claims presented by&nbsp;fugitive Mehul Choksi and Nirav Modi.

They also said that they have asked the two to disclose their locations, however, they have not disclosed it yet.&nbsp;

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Both <a href="https://twitter.com/hashtag/MehulChoksi?src=hash&amp;ref_src=twsrc%5Etfw">#MehulChoksi</a> and <a href="https://twitter.com/hashtag/NiravModi?src=hash&amp;ref_src=twsrc%5Etfw">#NiravModi</a> have been asked to disclose their locations but they haven&rsquo;t disclosed yet. CBI is not believing the excuses being given by both of them: CBI
&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/971715970019610624?ref_src=twsrc%5Etfw">March 8, 2018</a></blockquote>
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CBI registers a fresh case against two firms of <a href="https://twitter.com/hashtag/NiravModi?src=hash&amp;ref_src=twsrc%5Etfw">#NiravModi</a>. <a href="https://t.co/owq8xGdFzt">pic.twitter.com/owq8xGdFzt</a>
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The CBI&#39;s clarification came after <a href="http://www.wionews.com/india-news/mehul-choksi-refuses-to-appear-in-front-of-cbi-on-health-grounds-35086" target="_blank">Choksi sent a letter</a> to the investigating agency refusing to appear in front of the agency.&nbsp;

He said &#39;&#39;I&#39;m&nbsp;not in a position to travel due to my persisting health problem. I had a cardiac procedure which was conducted in the first week of February 2018 and there is still pending work to be done on the same&quot;.

Earlier Nirav Modi had also written a <a href="http://www.wionews.com/india-news/full-text-of-nirav-modis-letter-to-pnb-33448" target="_blank">letter to the Punjab National Bank</a> stating his incapability to pay back the loan amount. He also blamed the bank for defaming his brand.&nbsp;

CBI also said that they have asked the two to disclose their locations, however, they have not disclosed it yet

The Central Bureau of Investigation has cleared that they do not believe the claims presented by fugitive Mehul Choksi and Nirav Modi. They also said that they have asked the two to disclose their locations, however, they have not disclosed it yet. Both #MehulChoksi and #NiravModi have been asked to disclose their locations but they haven’t disclosed yet. CBI is not believing the excuses being given by both of them: CBI — ANI (@ANI) March 8, 2018 × CBI registers a fresh case against two firms of #NiravModi. pic.twitter.com/owq8xGdFzt — ANI (@ANI) March 8, 2018 × The CBI's clarification came after Choksi sent a letter to the investigating agency refusing to appear in front of the agency. He said ''I'm not in a position to travel due to my persisting health problem. I had a cardiac procedure which was conducted in the first week of February 2018 and there is still pending work to be done on the same". Earlier Nirav Modi had also written a letter to the Punjab National Bank stating his incapability to pay back the loan amount. He also blamed the bank for defaming his brand.

Nirav Modi, Mehul Choksi not disclosing location, we do not believe their 'excuses': CBI

The extent of the unraveling fraud at India&#39;s state-run Punjab National Bank could rise beyond the nearly $2 billion mark so far outlined by the lender, according to a source involved in the probe and court documents.

The source, who asked not to be named, said investigators had not yet recovered all the papers and loan guarantees allegedly issued by rogue employees of the bank, and consequently believed the bank&#39;s exposure could be greater than revealed so far.

In what has been dubbed as the biggest fraud in India&#39;s banking history, Punjab National Bank (PNB) and police have accused two jewelry groups - one controlled by diamond tycoon Nirav Modi and the other by his uncle Mehul Choksi - of colluding with bank employees to get credit from overseas banks using fraudulent guarantees.

Both Choksi and Modi have denied the allegations and lawyers for the two key accused PNB employees in the case have also said they are innocent.

According to court filings, the exposure to three companies controlled by Modi has been estimated at 64.98 billion rupees ($999 million), while firms controlled by Choksi have been accused of defrauding the bank of 61.38 billion rupees.

The Central Bureau of Investigation (CBI) has told a Mumbai court that the amount involving Modi&#39;s companies was likely to go up, according to the source and court filings, copies of which have been reviewed.

The CBI told the court that its investigation had found that the fraudulent issuance of letters of undertaking (LoUs), or guarantees, through a Mumbai branch of the bank had been going on since 2010.

In papers filed on Monday, the CBI also said PNB did not have all the documents related to the LoUs, since those were returned to the borrower.

&quot;Most of these documents are not yet recovered. The size of the fraud has now gone (up)...and the same is likely to go even higher,&quot; the CBI said in the court filing.

PNB did not respond to requests on Tuesday seeking comment on the risk of its exposure rising further.

The bank initially reported to authorities on January 29 that the jewelry groups had defrauded it of 2.8 billion rupees, or about $44 million. On February 14 it said the fraud sum had reached $1.77 billion after a detailed investigation.

It raised the amount further to nearly $2 billion last week, saying it had discovered some $200 million more in fraudulent letters of credit, another form of credit guarantee, issued to Choksi&#39;s Gitanjali group. 
&nbsp;

"Most of these documents are not yet recovered. The size of the fraud has now gone (up)...and the same is likely to go even higher," the CBI said in the court filing

The extent of the unraveling fraud at India's state-run Punjab National Bank could rise beyond the nearly $2 billion mark so far outlined by the lender, according to a source involved in the probe and court documents. The source, who asked not to be named, said investigators had not yet recovered all the papers and loan guarantees allegedly issued by rogue employees of the bank, and consequently believed the bank's exposure could be greater than revealed so far. In what has been dubbed as the biggest fraud in India's banking history, Punjab National Bank (PNB) and police have accused two jewelry groups - one controlled by diamond tycoon Nirav Modi and the other by his uncle Mehul Choksi - of colluding with bank employees to get credit from overseas banks using fraudulent guarantees. Both Choksi and Modi have denied the allegations and lawyers for the two key accused PNB employees in the case have also said they are innocent. According to court filings, the exposure to three companies controlled by Modi has been estimated at 64.98 billion rupees ($999 million), while firms controlled by Choksi have been accused of defrauding the bank of 61.38 billion rupees. The Central Bureau of Investigation (CBI) has told a Mumbai court that the amount involving Modi's companies was likely to go up, according to the source and court filings, copies of which have been reviewed. The CBI told the court that its investigation had found that the fraudulent issuance of letters of undertaking (LoUs), or guarantees, through a Mumbai branch of the bank had been going on since 2010. In papers filed on Monday, the CBI also said PNB did not have all the documents related to the LoUs, since those were returned to the borrower. "Most of these documents are not yet recovered. The size of the fraud has now gone (up)...and the same is likely to go even higher," the CBI said in the court filing. PNB did not respond to requests on Tuesday seeking comment on the risk of its exposure rising further. The bank initially reported to authorities on January 29 that the jewelry groups had defrauded it of 2.8 billion rupees, or about $44 million. On February 14 it said the fraud sum had reached $1.77 billion after a detailed investigation. It raised the amount further to nearly $2 billion last week, saying it had discovered some $200 million more in fraudulent letters of credit, another form of credit guarantee, issued to Choksi's Gitanjali group.

PNB bank fraud likely to swell beyond $2 billion mark

The CBI today produced Karti Chidambaram before a Delhi court and sought extension of his custody to quiz him in the INX Media corruption case saying &quot;new revelations&quot; have come up and his custodial interrogation was necessary to confront him with the &quot;new facts&quot;.

The agency, which produced Karti on expiry of his five-day police custody before special judge Sunil Rana, said though there has been &quot;substantial progress&quot; in last four days into the investigation into the case, he has &quot;not been cooperating&quot; and not parting with his phones passwords and to every question he has been saying that &quot;I am politically victimised&quot;.

Additional Solicitor General (ASG) Tushar Mehta, appearing for the CBI, said Karti was taken to Mumbai and was confronted with Indrani Mukerjea, one of the then promoters of INX media at the Byculla prison and her statement has been just one of the evidences.

&quot;New revelations in the matter have come up day before yesterday. Cannot divulge much about investigation but we need his further custody to confront him with the new facts,&quot; Mehta told the court and also opposed Karti&#39;s bail plea saying that the investigation was at &quot;crucial stage&quot; and the CBI needs two weeks time to file detail reply to his bail application.

The ASG alleged that witnesses in the case are being approached and evidences destroyed.

Senior advocate Abhishek Manu Singhvi, appearing for Karti, said the CBI just want to keep him in custody by hook or crook.

&quot;I have cooperated. I am not obliged to answer what you (CBI) want to hear. My duty is only to make myself available for questioning,&quot; Singhvi submitted.

&quot;The shifting of stands/reasons by the CBI to keep me in custody is a mala fide attempt on their part to get my custody,&quot; the senior advocate said and questioned &quot;Is Indrani&#39;s statement even an admissible evidence? She is in jail in murder case of her daughter.&quot;

He said Karti is not a terrorist with a bomb that he cannot be interrogated without being kept in custody.

The court has concluded the hearing on the arguments on the CBI&#39;s plea seeking nine-day custodial interrogation of Karti and pronounce its order at 4:30 pm.

The agency produced Karti on expiry of his five-day custody

The CBI today produced Karti Chidambaram before a Delhi court and sought extension of his custody to quiz him in the INX Media corruption case saying "new revelations" have come up and his custodial interrogation was necessary to confront him with the "new facts". The agency, which produced Karti on expiry of his five-day police custody before special judge Sunil Rana, said though there has been "substantial progress" in last four days into the investigation into the case, he has "not been cooperating" and not parting with his phones passwords and to every question he has been saying that "I am politically victimised". Additional Solicitor General (ASG) Tushar Mehta, appearing for the CBI, said Karti was taken to Mumbai and was confronted with Indrani Mukerjea, one of the then promoters of INX media at the Byculla prison and her statement has been just one of the evidences. "New revelations in the matter have come up day before yesterday. Cannot divulge much about investigation but we need his further custody to confront him with the new facts," Mehta told the court and also opposed Karti's bail plea saying that the investigation was at "crucial stage" and the CBI needs two weeks time to file detail reply to his bail application. The ASG alleged that witnesses in the case are being approached and evidences destroyed. Senior advocate Abhishek Manu Singhvi, appearing for Karti, said the CBI just want to keep him in custody by hook or crook. "I have cooperated. I am not obliged to answer what you (CBI) want to hear. My duty is only to make myself available for questioning," Singhvi submitted. "The shifting of stands/reasons by the CBI to keep me in custody is a mala fide attempt on their part to get my custody," the senior advocate said and questioned "Is Indrani's statement even an admissible evidence? She is in jail in murder case of her daughter." He said Karti is not a terrorist with a bomb that he cannot be interrogated without being kept in custody. The court has concluded the hearing on the arguments on the CBI's plea seeking nine-day custodial interrogation of Karti and pronounce its order at 4:30 pm.

Karti's custodial interrogation needed in view of new revelations, facts: CBI to court

ICICI Bank chief Chanda Kochhar and Axis Bank chief Shikha Sharma have been summoned by the&nbsp;Serious Fraud Investigation Office (SFIO) in connection with the over Rs 13,000-crore PNB scam.&nbsp;

ICICI Bank had led a consortium of 31 banks which had lent Mehul Choksi&#39;s Gitanjali Gems Rs 1,000 crore. Choksi is <a href="http://www.wionews.com/india-news/who-is-nirav-modi-the-billionaire-jeweller-at-centre-of-rs-11000-crore-scam-32970" target="_blank">Nirav Modi&#39;s</a> uncle and partner.&nbsp;

Also read: <a href="http://www.wionews.com/india-news/pnb-scam-rahul-gandhi-questions-pm-modis-silence-says-ek-nirav-modi-hai-dusra-modi-nirav-hai-34878" target="_blank">Rahul Gandhi questions PM Modi&#39;s silence, says &#39;</a><a href="http://www.wionews.com/india-news/pnb-scam-rahul-gandhi-questions-pm-modis-silence-says-ek-nirav-modi-hai-dusra-modi-nirav-hai-34878" target="_blank">ek</a><a href="http://www.wionews.com/india-news/pnb-scam-rahul-gandhi-questions-pm-modis-silence-says-ek-nirav-modi-hai-dusra-modi-nirav-hai-34878" target="_blank"> Nirav Modi Hai, </a><a href="http://www.wionews.com/india-news/pnb-scam-rahul-gandhi-questions-pm-modis-silence-says-ek-nirav-modi-hai-dusra-modi-nirav-hai-34878" target="_blank">dusra</a><a href="http://www.wionews.com/india-news/pnb-scam-rahul-gandhi-questions-pm-modis-silence-says-ek-nirav-modi-hai-dusra-modi-nirav-hai-34878" target="_blank"> Modi </a><a href="http://www.wionews.com/india-news/pnb-scam-rahul-gandhi-questions-pm-modis-silence-says-ek-nirav-modi-hai-dusra-modi-nirav-hai-34878" target="_blank">nirav</a><a href="http://www.wionews.com/india-news/pnb-scam-rahul-gandhi-questions-pm-modis-silence-says-ek-nirav-modi-hai-dusra-modi-nirav-hai-34878" target="_blank"> hai&#39;</a>

PTI reported that the SFIO has asked the heads of all 31 banks to come in for questioning. Kochhar, Sharma and the other bank chiefs are expected to be questioned at the SFIO&#39;s headquarters in Mumbai.&nbsp;

Kochar and Sharma will be questioned about the loans their banks made to Modi and Choksi but, news reports said, they are not being seen as suspects in the scam. &nbsp;

The PNB scam is being investigated by a slew of agencies including the CBI, the Enforcement Directorate and the SFIO.&nbsp;

The scam was first reported from a Mumbai branch of the Punjab National Bank.&nbsp;

It is alleged that PNB officials colluded with Modi and others to issue them Letters of Understanding (LoUs), basically bank guarantees. It was on those LoUs that Modi and Choksi got their bank loans.&nbsp;

ICICI Bank had led a consortium of 31 banks that had lent Rs 1,000 crore to Mehul Choksi's Gitanjali Gems

ICICI Bank chief Chanda Kochhar and Axis Bank chief Shikha Sharma have been summoned by the Serious Fraud Investigation Office (SFIO) in connection with the over Rs 13,000-crore PNB scam. ICICI Bank had led a consortium of 31 banks which had lent Mehul Choksi's Gitanjali Gems Rs 1,000 crore. Choksi is Nirav Modi's uncle and partner. Also read: Rahul Gandhi questions PM Modi's silence, says 'ek Nirav Modi Hai, dusra Modi nirav hai' PTI reported that the SFIO has asked the heads of all 31 banks to come in for questioning. Kochhar, Sharma and the other bank chiefs are expected to be questioned at the SFIO's headquarters in Mumbai. Kochar and Sharma will be questioned about the loans their banks made to Modi and Choksi but, news reports said, they are not being seen as suspects in the scam. The PNB scam is being investigated by a slew of agencies including the CBI, the Enforcement Directorate and the SFIO. The scam was first reported from a Mumbai branch of the Punjab National Bank. It is alleged that PNB officials colluded with Modi and others to issue them Letters of Understanding (LoUs), basically bank guarantees. It was on those LoUs that Modi and Choksi got their bank loans.

PNB scam: ICICI's Chanda Kochhar, Axis Bank's Shikha Sharma summoned by Serious Fraud Investigation Office

The Central Bureau of Investigation (CBI) has accused Union Minister P. Chidambaram`s son Karti Chidambaram of not cooperating with the probe agency.

&quot;After seizing of mobile, if the accused says that he will not give his (phone`s) password and tells you to go to hell, this is called non-cooperation,&quot; Additional Solicitor General (ASG) Tushar Mehta, who appeared for the CBI, said.

Mehta also submitted a sealed envelope to the court and refrained from reading the material aloud.The custody of Karti, who was arrested on February 28 and sent to a five-day remand till March 6, was further extended by three days till March 9.

The CBI on March 4 took the former minister`s son to Mumbai to confront former Directors of INX Media Ltd., Indrani and Peter Mukherjea.Mehta said Indrani Mukherjea`s statement was &quot;one of the evidence for the probe agency, but not the sole one&quot;.

However, Karti`s lawyer A. Singhvi countered the CBI claim of non-cooperation and said he (Karti) was not in the custody to answer what the CBI wanted to hear.

&quot;If I am silent that does not mean an evasive and non-cooperative (behaviour),&quot; Singhvi argued.He added the CBI did not give any valid reason but kept repeating orally that they had to interrogate Karti.

The lawyer also asserted the CBI had not given a single ground or wrote any reason in its application for further remand.&quot;Karti Chidambaram only had a 25-minute long confrontation with Indrani, and around two-hour-long interrogation in the last five days.

There is no need for further custody,&quot; he said.The agency however said the presence of the accused was needed in order to serve some important and specific purposes connected with the completion of investigation in the case.It said the agency during the custodial interrogation so far was able to gather some important information even though Karti had remained evasive while answering the routine questions.

Mehta submitted a sealed envelope to the court and refrained from reading the material aloud

The Central Bureau of Investigation (CBI) has accused Union Minister P. Chidambaram`s son Karti Chidambaram of not cooperating with the probe agency. "After seizing of mobile, if the accused says that he will not give his (phone`s) password and tells you to go to hell, this is called non-cooperation," Additional Solicitor General (ASG) Tushar Mehta, who appeared for the CBI, said. Mehta also submitted a sealed envelope to the court and refrained from reading the material aloud.The custody of Karti, who was arrested on February 28 and sent to a five-day remand till March 6, was further extended by three days till March 9. The CBI on March 4 took the former minister`s son to Mumbai to confront former Directors of INX Media Ltd., Indrani and Peter Mukherjea.Mehta said Indrani Mukherjea`s statement was "one of the evidence for the probe agency, but not the sole one". However, Karti`s lawyer A. Singhvi countered the CBI claim of non-cooperation and said he (Karti) was not in the custody to answer what the CBI wanted to hear. "If I am silent that does not mean an evasive and non-cooperative (behaviour)," Singhvi argued.He added the CBI did not give any valid reason but kept repeating orally that they had to interrogate Karti. The lawyer also asserted the CBI had not given a single ground or wrote any reason in its application for further remand."Karti Chidambaram only had a 25-minute long confrontation with Indrani, and around two-hour-long interrogation in the last five days. There is no need for further custody," he said.The agency however said the presence of the accused was needed in order to serve some important and specific purposes connected with the completion of investigation in the case.It said the agency during the custodial interrogation so far was able to gather some important information even though Karti had remained evasive while answering the routine questions.

CBI accuses Karti of non-cooperative behaviour in INX Media case

The government today said it had given orders for a Central Bureau of Investigation (CBI) inquiry into the alleged SSC Exam scam and that protesting aspirants must now end their protests.

&quot;We have accepted demands of protesting candidates and have given orders for CBI inquiry, protest should now stop,&quot; Home Minister Rajnath Singh said.

A protesting student, meanwhile, said that while the students welcomed the home minister&#39;s decision on a CBI probe into the alleged scam, they would not call off the protests until a proper format was released and until they saw their demands being met. 
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We welcome Union Home minister Rajnath Singh&#39;s decision on CBI probe. We are not going to call off the protest until a proper format is released, we will see if our demands are being met or not : Piyush, protesting <a href="https://twitter.com/hashtag/SSC?src=hash&amp;ref_src=twsrc%5Etfw">#SSC</a> candidate in Delhi <a href="https://t.co/hBpfvFhK09">pic.twitter.com/hBpfvFhK09</a>
&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/970566211229462528?ref_src=twsrc%5Etfw">March 5, 2018</a></blockquote>
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&nbsp;

The developments come a day after the SSC, which conducts the examination,<a href="http://www.wionews.com/india-news/ssc-decides-to-recommend-cbi-probe-into-paper-leaks-34642"> recommended a CBI investigation</a> into the alleged paper leaks in one of its tests held on February 21.

SSC chairman Ashim Khurana had said in a statement that a delegation of candidates, who were protesting against the alleged paper leaks, met him along with Delhi Bharatiya Janata Party (BJP) chief Manoj Tiwari and handed over a memorandum, following which the CBI probe was recommended.

&quot;The commission agreed to recommend to the Department of Personnel and Training to request the government to conduct a CBI enquiry into the allegations of leaking of question papers of Paper-I on February 21, and other related issues,&quot; the statement read.

Students have taken to the streets of Delhi since last Tuesday protesting in thousands against what they term as &quot;mass cheating&quot;.

Anti-corruption crusader Anna Hazare met the protesting candidates in Delhi on Sunday.

The SSC exams leak pertains to the alleged leak of questions of the Combined Graduate Level (Tier-II) Examination 2017 held from February 17 to 22. Screenshots of the question paper of the exam along with answers 
were found circulating on social media.

The SSC had cancelled the exam that was slated to be held on February 21, 2018. The commission later said that this exam will be re-conducted on March 9, 2018.

&nbsp;

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The developments come a day after the SSC, which conducts the examination, recommended a CBI investigation into the alleged paper leaks in one of its tests held on February 21

The government today said it had given orders for a Central Bureau of Investigation (CBI) inquiry into the alleged SSC Exam scam and that protesting aspirants must now end their protests. "We have accepted demands of protesting candidates and have given orders for CBI inquiry, protest should now stop," Home Minister Rajnath Singh said. A protesting student, meanwhile, said that while the students welcomed the home minister's decision on a CBI probe into the alleged scam, they would not call off the protests until a proper format was released and until they saw their demands being met. We welcome Union Home minister Rajnath Singh's decision on CBI probe. We are not going to call off the protest until a proper format is released, we will see if our demands are being met or not : Piyush, protesting #SSC candidate in Delhi pic.twitter.com/hBpfvFhK09 — ANI (@ANI) March 5, 2018 × The developments come a day after the SSC, which conducts the examination, recommended a CBI investigation into the alleged paper leaks in one of its tests held on February 21. SSC chairman Ashim Khurana had said in a statement that a delegation of candidates, who were protesting against the alleged paper leaks, met him along with Delhi Bharatiya Janata Party (BJP) chief Manoj Tiwari and handed over a memorandum, following which the CBI probe was recommended. "The commission agreed to recommend to the Department of Personnel and Training to request the government to conduct a CBI enquiry into the allegations of leaking of question papers of Paper-I on February 21, and other related issues," the statement read. Students have taken to the streets of Delhi since last Tuesday protesting in thousands against what they term as "mass cheating". Anti-corruption crusader Anna Hazare met the protesting candidates in Delhi on Sunday. The SSC exams leak pertains to the alleged leak of questions of the Combined Graduate Level (Tier-II) Examination 2017 held from February 17 to 22. Screenshots of the question paper of the exam along with answers were found circulating on social media. The SSC had cancelled the exam that was slated to be held on February 21, 2018. The commission later said that this exam will be re-conducted on March 9, 2018.

Government orders CBI enquiry into SSC exam paper leak

Karti Chidambaram has moved the Supreme Court seeking to quash the summons issued by the Enforcement Directorate. Karti, son of senior Congress leader and former Finance Minister P Chidambaram, mentioned in his writ that he has been in compliance with the investigating proceedings.&nbsp;

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<a href="https://twitter.com/hashtag/KartiChidambaram?src=hash&amp;ref_src=twsrc%5Etfw">#KartiChidambaram</a> moves Supreme Court in the <a href="https://twitter.com/hashtag/INXMediaCase?src=hash&amp;ref_src=twsrc%5Etfw">#INXMediaCase</a> seeking quashing of summons issued by the Enforcement Directorate. (File Pic) <a href="https://t.co/fIOgVx2itZ">pic.twitter.com/fIOgVx2itZ</a>
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Chidambaram also noted that the ED and the CBI are looking into matters unrelated to investment in INX Media and are trying to involve him into matters that are not mentioned in the FIR lodged by the CBI.

Karti Chidambaram faces charges in connection with alleged irregularities in Foreign Investment Promotion Board (FIPB) clearance to INX Media. The company received an investment worth about Rs 305 crore approved by the FIPB in 2007 when Karti&#39;s father P Chidambaram was the finance minister.

Chidambaram noted that the ED and the CBI are looking into matters unrelated to investment in INX Media

Karti Chidambaram has moved the Supreme Court seeking to quash the summons issued by the Enforcement Directorate. Karti, son of senior Congress leader and former Finance Minister P Chidambaram, mentioned in his writ that he has been in compliance with the investigating proceedings. #KartiChidambaram moves Supreme Court in the #INXMediaCase seeking quashing of summons issued by the Enforcement Directorate. (File Pic) pic.twitter.com/fIOgVx2itZ — ANI (@ANI) March 5, 2018 × Chidambaram also noted that the ED and the CBI are looking into matters unrelated to investment in INX Media and are trying to involve him into matters that are not mentioned in the FIR lodged by the CBI. Karti Chidambaram faces charges in connection with alleged irregularities in Foreign Investment Promotion Board (FIPB) clearance to INX Media. The company received an investment worth about Rs 305 crore approved by the FIPB in 2007 when Karti's father P Chidambaram was the finance minister.

INX Media case: Karti Chidambaram moves Supreme Court to challenge CBI probe

The Central Bureau of Investigations (CBI) on Sunday arrested four more people in the&nbsp;alleged Rs 12,636-crore fraud case at the Punjab National Bank (PNB) by billionaire jeweller Nirav Modi and his uncle and business partner Mehul Choksi.

The CBI said it had arrested two former employees of the Nirav Modi-owned Firestar International -- Manish Bosamiya and Miten Pandya.

The former Firestar employees were arrested on suspicion of fabricating paperwork for the fraud, the CBI said.

Bosamiya, the then AGM (operations) of Firestarter International, and then Finance Manager Miten Anil Pandya allegedly prepared applications for fraudulent Letters of Undertakings submitted to Punjab National Bank, officials said.

An auditor, Sampat Rambhia, was also arrested, as was Aniyath Shiv Raman, a former director of the Mehul Choksi-owned Gili India. The CBI alleges he was the authorised signatory for the applications submitted to PNB for issuance of purported letters of undertaking (LoUs) and foreign letters of credit (FLCs). Also read -&nbsp;<a href="http://www.wionews.com/india-news/pnb-fraud-cbi-says-nirav-modi-gave-gold-bribes-34614">PNB fraud: CBI says Nirav Modi gave gold bribes</a>

More than a dozen people have been arrested by the CBI since the fraud at PNB, the country&#39;s second-biggest lender, came to light in January.

The agency has yet to track down Modi and Choksi, who left India in January before the fraud came to light. Both have issued statements denying the CBI&rsquo;s charges.

Nirav Modi and Mehul Choksi, owner of Gitanjali gems, are accused of securing unauthorised loans using fraudulent LoUs from the PNB.

They are suspected of colluding with bank officials at PNB to obtain unauthorised loans over a six-year period starting in 2011.&nbsp;

The accused officials of the PNB did not enter the instructions for these LoUs and FLCs in their internal software to avoid scrutiny.

They were sent through an international messaging system for banking called SWIFT, which is used to pass instructions among banks globally to transfer funds.

The PNB officials allegedly sent these messages to Indian banks -- Canara Bank, State Bank of India, Bank of India, Axis Bank, Allahabad bank -- located in Antwerp, Hong Kong, Bahrain, Mauritius, Frankfurt without making 
entries in the banking software about the LoUs.

Upon receiving the messages from PNB under SWIFT, the banks abroad transferred these amounts into NOSTRO account of PNB with them.

Nostro account is an account that a bank holds in a foreign currency in another bank to enable foreign trade by its clients.&nbsp;

(With inputs from agencies)

More than a dozen people have been arrested by the CBI since the fraud at PNB, the country's second-biggest lender, came to light in January

The Central Bureau of Investigations (CBI) on Sunday arrested four more people in the alleged Rs 12,636-crore fraud case at the Punjab National Bank (PNB) by billionaire jeweller Nirav Modi and his uncle and business partner Mehul Choksi. The CBI said it had arrested two former employees of the Nirav Modi-owned Firestar International -- Manish Bosamiya and Miten Pandya. The former Firestar employees were arrested on suspicion of fabricating paperwork for the fraud, the CBI said. Bosamiya, the then AGM (operations) of Firestarter International, and then Finance Manager Miten Anil Pandya allegedly prepared applications for fraudulent Letters of Undertakings submitted to Punjab National Bank, officials said. An auditor, Sampat Rambhia, was also arrested, as was Aniyath Shiv Raman, a former director of the Mehul Choksi-owned Gili India. The CBI alleges he was the authorised signatory for the applications submitted to PNB for issuance of purported letters of undertaking (LoUs) and foreign letters of credit (FLCs). Also read - PNB fraud: CBI says Nirav Modi gave gold bribes More than a dozen people have been arrested by the CBI since the fraud at PNB, the country's second-biggest lender, came to light in January. The agency has yet to track down Modi and Choksi, who left India in January before the fraud came to light. Both have issued statements denying the CBI’s charges. Nirav Modi and Mehul Choksi, owner of Gitanjali gems, are accused of securing unauthorised loans using fraudulent LoUs from the PNB. They are suspected of colluding with bank officials at PNB to obtain unauthorised loans over a six-year period starting in 2011. The accused officials of the PNB did not enter the instructions for these LoUs and FLCs in their internal software to avoid scrutiny. They were sent through an international messaging system for banking called SWIFT, which is used to pass instructions among banks globally to transfer funds. The PNB officials allegedly sent these messages to Indian banks -- Canara Bank, State Bank of India, Bank of India, Axis Bank, Allahabad bank -- located in Antwerp, Hong Kong, Bahrain, Mauritius, Frankfurt without making entries in the banking software about the LoUs. Upon receiving the messages from PNB under SWIFT, the banks abroad transferred these amounts into NOSTRO account of PNB with them. Nostro account is an account that a bank holds in a foreign currency in another bank to enable foreign trade by its clients. (With inputs from agencies)

PNB scam: CBI arrests 4 more officials of Modi, Choksi companies

After hours of grilling by the CBI, Karti Chidambaram Sunday left the&nbsp; 
Mumbai&rsquo;s Byculla Jail with a defiant gesture to the media.

The investigating agency today took Karti to Byculla jail, where he was confronted with Indrani Mukerjea, former co-owner of INX Media, for further investigation.&nbsp;

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Mumbai: <a href="https://twitter.com/hashtag/KartiChidambaram?src=hash&amp;ref_src=twsrc%5Etfw">#KartiChidambaram</a> leaves Byculla jail <a href="https://twitter.com/hashtag/INXMediaCase?src=hash&amp;ref_src=twsrc%5Etfw">#INXMediaCase</a> <a href="https://t.co/TrYlZTzJ9Z">pic.twitter.com/TrYlZTzJ9Z</a>
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Karti was brought face-to-face with Indrani, who is lodged in the Mumbai jail and is undergoing trail for allegedly killing her daughter Sheena Bora.&nbsp;

The son of senior Congress leader and former finance minister P Chidambaram was sent to 5-day judicial custody by a Delhi sessions court on Thursday.&nbsp;

As per CBI, Karti helped INX Media get FDI clearance from Foreign Investment Promotion Board (FIPB) when his father was the finance minister in the UPA government.&nbsp;

He allegedly received Rs 3.5 crore for helping it get the clearance when it was run by Peter and Indrani.

Karti, who was arrested from Chennai airport, will again be produced before the court again on March 6.

The two were together grilled by CBI inside the jail

After hours of grilling by the CBI, Karti Chidambaram Sunday left the Mumbai’s Byculla Jail with a defiant gesture to the media. The investigating agency today took Karti to Byculla jail, where he was confronted with Indrani Mukerjea, former co-owner of INX Media, for further investigation. Mumbai: #KartiChidambaram leaves Byculla jail #INXMediaCase pic.twitter.com/TrYlZTzJ9Z — ANI (@ANI) March 4, 2018 × Karti was brought face-to-face with Indrani, who is lodged in the Mumbai jail and is undergoing trail for allegedly killing her daughter Sheena Bora. The son of senior Congress leader and former finance minister P Chidambaram was sent to 5-day judicial custody by a Delhi sessions court on Thursday. As per CBI, Karti helped INX Media get FDI clearance from Foreign Investment Promotion Board (FIPB) when his father was the finance minister in the UPA government. He allegedly received Rs 3.5 crore for helping it get the clearance when it was run by Peter and Indrani. Karti, who was arrested from Chennai airport, will again be produced before the court again on March 6.

INX Media case: Karti Chidambaram leaves Byculla jail after being confronted with Indrani Mukerjea

An official of Punjab National Bank received gold and diamond jewellery from billionaire jeweller <a href="http://www.wionews.com/india-news/pnb-scam-my-fate-was-pre-determined-says-nirav-modi-34566">Nirav Modi</a> accused of being involved in a $2 billion bank fraud, the Central Bureau of Investigation (CBI)told a court on Saturday.

The state lender in January uncovered the alleged fraud in which several bank officials were suspected of colluding with jeweller Nirav Modi and his uncle Mehul Choksi to issue fraudulent letters of undertakings (LoUs), for their companies to raise loans from overseas branches of mostly Indian banks.

The CBI, which has arrested 14 people in the case, on Saturday for the first time said bribes were paid to at least one Punjab National Bank (PNB) official by Modi.

The agency told the court that Yashwant Joshi, who worked as a manager in the forex department of the Mumbai branch that is at the centre of the fraud, admitted to having received two gold coins weighing 60 grams and a pair of gold and diamond earrings from Modi.

The articles have been recovered from Joshi&#39;s house in the presence of independent witnesses, the CBI said.

&quot;This indicates that he was in collusion with the beneficiary accused persons to cheat the bank,&quot; CBI Inspector D. Damodaran said in a court filing. &quot;He also obtained illegal gratification from the beneficiary party for continuing issuance of fraudulent LoUs.&quot;

Joshi, who was committed to judicial custody by the Mumbai court along with four other PNB officials and an associate of Modi, could not be contacted for comment.

Modi and Choksi, who owns Gitanjali Gems Ltd, left India before the fraud came to light, but have said in letters and statements they were innocent.

PNB, the country&#39;s second-biggest state lender, has mainly accused two low-level employees of the Brady House branch of issuing the LoUs without making corresponding entries in the bank&#39;s main software, helping the fraud to go undetected for years.

The CBI, however, has expanded its investigation and arrested two internal auditors of the branch, among others.

Separately, TV channels reported that another Mumbai court on Saturday issued non-bailable warrants against Modi and Choksi following an appeal by the Enforcement Directorate (ED), an agency focused on foreign exchange and money laundering offences.

&quot;Modi appears to be the prima donna in the whole saga of the fraud perpetrated on the PNB,&quot; the directorate said in a filing to the court seen by Reuters.

&quot;The case involves a circuitous web of routes created by the said Modi and in such circumstances, the fraudulent transactions appear to be in the personal knowledge and exclusive domain of Nirav Modi&quot;.

Modi has yet to be tracked by the authorities, but the ED said &quot;reportedly, Modi is presently in Hong Kong&quot;. The agency has already seized various properties of Modi and Choksi, as banks assess the hit to them from the fraud.

State Bank of India and two other state-run banks, Union Bank of India and Allahabad Bank, are lenders who had extended credit based on the LoUs issued by PNB that were later found to be fraudulent. Allahabad Bank said on Saturday it had a $366.87 million exposure to the case.

An official of Punjab National Bank received gold and diamond jewellery from billionaire jeweller Nirav Modi accused of being involved in a $2 billion bank fraud, the CBI told a court on Saturday

An official of Punjab National Bank received gold and diamond jewellery from billionaire jeweller Nirav Modi accused of being involved in a $2 billion bank fraud, the Central Bureau of Investigation (CBI)told a court on Saturday. The state lender in January uncovered the alleged fraud in which several bank officials were suspected of colluding with jeweller Nirav Modi and his uncle Mehul Choksi to issue fraudulent letters of undertakings (LoUs), for their companies to raise loans from overseas branches of mostly Indian banks. The CBI, which has arrested 14 people in the case, on Saturday for the first time said bribes were paid to at least one Punjab National Bank (PNB) official by Modi. The agency told the court that Yashwant Joshi, who worked as a manager in the forex department of the Mumbai branch that is at the centre of the fraud, admitted to having received two gold coins weighing 60 grams and a pair of gold and diamond earrings from Modi. The articles have been recovered from Joshi's house in the presence of independent witnesses, the CBI said. "This indicates that he was in collusion with the beneficiary accused persons to cheat the bank," CBI Inspector D. Damodaran said in a court filing. "He also obtained illegal gratification from the beneficiary party for continuing issuance of fraudulent LoUs." Joshi, who was committed to judicial custody by the Mumbai court along with four other PNB officials and an associate of Modi, could not be contacted for comment. Modi and Choksi, who owns Gitanjali Gems Ltd, left India before the fraud came to light, but have said in letters and statements they were innocent. PNB, the country's second-biggest state lender, has mainly accused two low-level employees of the Brady House branch of issuing the LoUs without making corresponding entries in the bank's main software, helping the fraud to go undetected for years. The CBI, however, has expanded its investigation and arrested two internal auditors of the branch, among others. Separately, TV channels reported that another Mumbai court on Saturday issued non-bailable warrants against Modi and Choksi following an appeal by the Enforcement Directorate (ED), an agency focused on foreign exchange and money laundering offences. "Modi appears to be the prima donna in the whole saga of the fraud perpetrated on the PNB," the directorate said in a filing to the court seen by Reuters. "The case involves a circuitous web of routes created by the said Modi and in such circumstances, the fraudulent transactions appear to be in the personal knowledge and exclusive domain of Nirav Modi". Modi has yet to be tracked by the authorities, but the ED said "reportedly, Modi is presently in Hong Kong". The agency has already seized various properties of Modi and Choksi, as banks assess the hit to them from the fraud. State Bank of India and two other state-run banks, Union Bank of India and Allahabad Bank, are lenders who had extended credit based on the LoUs issued by PNB that were later found to be fraudulent. Allahabad Bank said on Saturday it had a $366.87 million exposure to the case.

PNB fraud: CBI says Nirav Modi gave gold bribes 

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