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From rare paintings to luxury cars, Nirav Modi's assets to go under hammer Modi, who has allegedly defrauded state-run Punjab National Bank of over Rs 14,000 crore, is on the run and was last spotted in the UK Current Affairs :Uncommon works of art, stunning wrist watches and extravagance autos having a place with criminal diamantaire Nirav Modi will be unloaded from Thursday. The offer of 112 resources is being finished by Saffronart for the benefit of the Enforcement Directorate through a live sale, which will be trailed by an online one for 72 things. Modi, who has purportedly swindled state-run Punjab National Bank of over Rs 14,000 crore, is on the run and was last seen in the UK. Saffronart, which had directed a closeout of certain works of art having a place with Modi in March a year ago to bring over Rs 55 crore, said there will be a live sale of 112 things on Thursday, which will be trailed by an online sale one week from now. A 1935 canvas by Amrita Sher-Gi...

Nirav Modi to appear via videolink for UK remand hearing The 48-year-old, who is fighting extradition to India at Westminster Magistrates’ Court, is expected to be given a confirmed date for his trial, expected in May next year Current Affairs  :- Outlaw diamantaire Nirav Modi, needed regarding the about $2 billion Punjab National Bank (PNB) extortion and tax evasion case, will show up under the watchful eye of a UK court through videolink from his London jail on Thursday for a standard bring over remand hearing. The 48-year-old, who is battling removal to India at Westminster Magistrates’ Court, is relied upon to be given an affirmed date for his preliminary, expected in May one year from now. No advancement today, I’m apprehensive, Judge Tan Ikram said at the keep going bring over hearing on August 22, as he gave headings for the court agent to look for an affirmation of the proposed five-day removal preliminary to begin on May 11, 2020. There is additionally pr...

Nirav Modi to appear via videolink for customary remand hearing in UK Modi has been lodged at Wandsworth prison in south-west London since his arrest in March on an extradition warrant executed by Scotland Yard Current Affairs :- Criminal diamantaire Nirav Modi, needed in India regarding the almost $2 billion Punjab National Bank (PNB) misrepresentation and tax evasion case, is set to show up under the steady gaze of a UK court for his standard 28-day remand hearing on Thursday. The 48-year-old is probably going to be educated regarding the dates for his preliminary on the removal charges brought by the Indian government, being spoken to at Westminster Magistrates’ Court in London by the UK’s Crown Prosecution Service (CPS). Modi has been held up at Wandsworth jail in south-west London since his capture in March on a removal warrant executed by Scotland Yard. Boss Magistrate Emma Arbuthnot had directed the last remand hearing at the court by means of videolink from the...

Mehul Choksi will be brought back to India to face the law: Rajnath Government sources said India continues to pursue Choksi’s return with the government of Antigua through diplomatic and legal channels Home Minister Rajnath Singh Monday attested that fleeing diamantaire Mehul Choksi won’t be saved and will be taken back to India to confront the law. Singh, who established the framework stone for a Kendriya Vidyalaya at a CISF camp, said this in light of an inquiry regarding Choksi surrendering his Indian Passport to the High Commission in Guyana. The precious stone gem specialist had taken citizenship of Antigua and Barbuda after his name sprung up in the $2 billion extortion at a Mumbai-based part of the  PNB alongside his nephew and agent Nirav Modi. “We have brought the Fugitive Economic Offenders Act and there is a procedure under that law (to check misrepresentation cases). He (Choksi) will be conveyed to India without a doubt. Nobody will be saved. Move wil...