Nirav Modi case: The Crown Prosecution Service (CPS) that is representing the Indian investigative agencies said that Modi was involved in a 'ponzi-like scheme' and is responsible for money laundering, fraud and cheating

Purvi Mehta and her husband, Maiank Mehta, had filed pleas before special court in Mumbai for turning approver against Nirav Modi in the PNB scam case

Modi is the prime accused in a $2 billion bank fraud at Punjab National Bank (PNB). He has also been charged with intimidating witnesses and tampering with evidence

Last month, India strongly underlined its interest in the liquor baron's expeditious extradition during talks between Foreign Secretary Harsh Vardhan Shringla and UK Home Secretary Priti Patel in London

Mallya, wanted in India over fraud and money laundering charges in relation to loans taken out by his now-defunct Kingfisher Airlines from state-owned Indian banks, has been found to have a case to answer in India by the UK courts

The application was reportedly made on the basis of \"new evidence\", but Westminster Magistrates' Court District Judge Samuel Goozee was not convinced to reverse previous bail rejections in the case

Dr Forrester, forensic psychiatrist, who had assessed Modi over a period of time, says his mental health has deteriorated over a period of time as he has developed psychomotor slowing, which means slower body movement, long pauses between sentences and using short sentences

Nirav Modi case: The third day of the five-day hearing, presided over by Justice Samuel Goozee, was devoted to the defence laying out further arguments against a prima facie case of fraud and money laundering against Modi

The 49-year-old jeweller, who has been behind bars since his arrest in March last year, appeared via a video-link dressed in a dark suit and sporting beard and moustache

Representatives from CBI and ED were in court and logged into the remote court network to observe the UK's CPS)present their case before District Judge Samuel Goozee

The 49-year-old jeweller is fighting extradition charges related to the estimated USD 2-billion Punjab National Bank (PNB) fraud and money laundering case brought by the Indian government, being represented at Westminster Magistrates' Court in London by the UK's Crown Prosecution Service (CPS)

The 49-year-old jeweller is fighting extradition charges related to the estimated $2 billion Punjab National Bank (PNB) fraud and money laundering case brought by the Indian government

At a scheduled hearing at Westminster Magistrates Court in London on Thursday, District Judge Samuel Goozee agreed the timetable for the second leg of Modi's extradition trial scheduled between September 7 and 11

The ED has charged Ami Modi for conspiring and money laundering with her husband Nirav Modi apart from his uncle Mehul Choksi and others under the PMLA

In May, District Judge Samuel Goozee presided over the first part of the extradition trial, held in a partial remote setting due to the coronavirus lockdown restrictions, with the second part scheduled for a five-day hearing from September 7

The confiscated properties include four flats Samudra Mahal in Mumbai, a sea-side farm house and land in Alibaug, a wind mill in Jaisalmer, a flat in London and residential flats in UAE, shares and bank deposits

ED claims that the valuables brought from Hong Kong include polished diamonds, pearls, pearl and silver jewellery etc

The ED had registered two cases of money laundering against Modi and his uncle Mehul Choksi, also a jeweller and another accused in the scam, on the basis of an FIR lodged against them by the CBI in January last year

Nehal reportedly handled Nirav Modi's Twin Fields Investments and Bailey Bank and Biddle, and allegedly laundered over $100 million for his brother

The 1929 and 2007-08 financial crises have amply demonstrated how unbridled growth of liquidity and household credit caused havoc in people's lives and economies. Pushing for more of the same at the time of massive loss of jobs and incomes is not such a good idea