PNB Scam

Nirav Modi's links with US firms

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IN THIS PACKAGE

PNB scam: How a system was gamed

From inter-bank communications to audit processes, all checks and authorisations were compromised in the fraud

Deconstructing the PNB scam

The surfacing of the scam ************************************* Loose endsWhy is the CBS/SWIFT integration important?Normally a credit limit ...

ANALYSIS Firestar Diamond’s $3.8-m stash may elude PNB

Firestar Diamond’s $3.8-m stash may elude PNB

The intricate maze of Nirav Modi companies could make recovery difficult for Indian lenders

US Bankruptcy Court orders probe into Nirav Modi’s ties with Firestar Diamond

To study whether any claims in favour of the company may arise from the alleged fraud

US Justice Department arm may oversee Nirav Modi firms’ bankruptcy process

After PNB appeal, US trustee’s office also seeks intervention to preserve assets

How PNB is battling Nirav Modi and his companies in a US bankruptcy court

Citing a series of questionable actions by three of the companies that had filed for Chapter 11 protection, the bank has asked a US court to appoint a ...

Firestar Diamond bankruptcy case: PNB seeks appointment of Chapter 11 trustee

To safeguard assets and provide transparency and access to information

Lawyers’ fees in Nirav Modi case in the US cross $2.7-million mark in just 3 months

The massive fraud at India’s second-largest public sector bank is drawing as much attention in the US as it is here. The string of top-notch lawyers ...

NIRAV MODI’S LINKS WITH US FIRMS LoU funds flowed through Nirav Modi’s American entities, reveals US examiner

NIRAV MODI’S LINKS WITH US FIRMSHow Nirav’s US entities laundered funds from PNB via shadow entities

How Nirav’s US entities laundered funds from PNB via shadow entities

These entities were mostly located in SEZs to enjoy trade incentives

NIRAV MODI’S LINKS WITH US FIRMSHow the funds obtained from fraudulent LoUs were used

How the funds obtained from fraudulent LoUs were used

Money routed through shadow entities was used to purchase a $6-million apartment on Central Park South for the sole use of Modi and his family in the ...