Pnb Fraud  

Nirav Modi is fighting extradition charges related to the estimated $2billion PNB fraud and money laundering case.
 

Prime Minister Narendra Modi on Thursday (October 17) said that the remarks of every person, who ridiculed and stood against the decision of abrogation of Article 370 in Jammu and Kashmir, would be discussed in the future. Uttar Pradesh government, on Thursday (October 17), stated that chief minister Yogi Adityanath will grace the Deepotsav (a festival of lamps) celebrations on October 26 in Ayodhya, where more than 5.5 lakh earthen lamps will be lit a day ahead of Diwali. All this and more on MyNation in 100 seconds.
 

Fugitive diamantaire Nirav Modi will be in judicial custody till October 17 in connection with Rs 13,500-crore Punjab National Bank (PNB) fraud and money laundering case
 

The state-run PNB has reported a new fraud at a time when it is recovering from a major financial embezzlement of around $2 billion (around Rs 13,000 crore) by diamond merchant Nirav Modi that was reported in February 2018

Nirav Modi is preparing to appear for the UK court hearing via video conferencing from prison. The fugitive diamantaire is now lodged at Wandsworth prison in south-west London since March. 
 

Sources said officers of the enforcement directorate got a tip-off from the airport officials as there was a lookout notice against Kulkarni. He apparently arrived in Calcutta from Hong Kong.