Meanwhile, Mumbai's Special CBI court sent Bechu Tiwari, Yashwant Joshi, and Praful Sawant to police custody till March 3.
It is alleged that the issuance of Letters of Undertaking without the sanctioned limits to Nirav's companies, started during Jindal's tenure. He is presently posted as GM Credit, PNB Head Office, New Delhi. The arrested include Vipul Ambani, president (finance) of Firestar International, the flagship firm of Nirav Modi; Arjun Patil, senior executive of Firestar, and Kavita Mankikar, executive assistant and authorised signatory of three accused firms-Diamonds R. Chief Financial Officer of Gitanjali group, Kapil Khandelwal, and its Manager Niten Shahi were also held Tuesday.
Mumbai - India's federal police have arrested six people, including employees of a billionaire jeweller who owns three shops in Macau, as an inquiry into one of the country's biggest bank scams widens, investigators said Wednesday.
Modi, his uncle Mehul Choksi and their companies (the Firestar group and its various affiliates in the case of the first; and the Gitanjali group in the case of the second) are accused of perpetrating the fraud on Punjab National Bank.
Vipul, the son of Dhirubhai Ambani's youngest brother Natulal, has been charged with cheating and criminal conspiracy.
The agency confirmed that searches were also being conducted on Tuesday at Nirav Modi's farmhouse in Alibaug, close to Mumbai.
The Centre on Wednesday opposed in the Supreme Court a PIL seeking an independent probe and deportation of jeweller Nirav Modi in the over Rs 11,000 crore PNB fraud case, saying that an FIR had already been lodged and a probe was on.
Neerav Modi's lawyer has defended him over the allegations of Modi being a fugitive and is absconding from India to escape Indian authorities.
"This led to the continuance of concealment and large scale fraud in this case on PNB and loss and diversion of thousands of crores of public funds". So far ED has seized diamonds and gold jewellery from Nirav Modi stores worth over Rs 5,700 crore.
The Income Tax Department, which is also probing these instances, had on Tuesday launched action against the shell firms that are reported to have been used by the accused to allegedly launder huge money and evade taxes.
Sources also claimed Rajesh Jindal, a general manager-level officer who was arrested, was also not cooperating with the investigation.
ED said that the agency is talking to senior PNB officials on how LoUs are issued. His ministry is said to have sought a reply from the RBI on whether it found any wrongdoing while inspecting PNB's account books.
White House press secretary Sarah Sanders is scheduled to field reporters' questions for the first time in a week on Tuesday. Trump later said he thought the Russian leader was earnest when he denied any election meddling.
But he said North Korea's participation in the Olympic games in Pyeongchang has raised hopes and expectations around the world. Kim Yo Jong , the sister of Kim Jong Un , was also at the ceremony, leading a delegation sent by the North Korean regime.
Obama has defended his response to Russian meddling, saying he had told the Russian president to "cut it out". Obama was addressing Trump's claims of voter fraud, not Russia's attempt to influence voters on social media.
Over the last 5 days, Micron Technology , 's shares returned 6.42% and in the past one month the figure appeared at 5.03%. The stock of Invacare Corporation (NYSE:IVC) has "Buy" rating given on Tuesday, September 26 by KeyBanc Capital Markets.
Florence Yared, 17, joined the chorus of students saying they won't feel safe when they return to school next week. They learned about the resiliency of hurricane windows to a bullet from an AR-15-style rifle.
Some of the sinkhole lakes that today serve as entrances to the cave system are used by tourists to snorkel and swim. The acid which could flow into the waters could damage the remains, according to the report in Associated Press.
After she placed third during the Women's Downhill skiing event at the Pyeongchang games on February 20, she broke down in tears. Because I wouldn't be the same person that I am today. "When you're young you ski and you win and you don't appreciate things.
Despite the cut, the interest rate of the EPFO is higher than what is offered by other long-term investment schemes. The EPFO has been investing in ETFs since August 2015 and it has so far not monetised the ETF investments.
But Attorney General Josh Shapiro, also a Democrat, got more votes in 10 of the districts established by the Supreme Court's plan. President Donald Trump took to Twitter Tuesday to encourage Republicans to follow through on the threat.
Pres. Trump to host students in 'listening session'
Students and parents from the Washington area also were present. "We must do more to protect our children", said President Trump . Cary Gruber, the father of a student attending the school directly asked Trump to support raising the legal age to buy a rifle.
Two men stabbed to death in north London
Police and ambulance gave first aid to the man in Bartholomew Road, who is thought to be his late teens, but he died at the scene. She said she saw a large group of people gathered around the victim, adding: "There was a lot of screaming".
LeBron on NBA playoff re-seeding: 'Let's not get too crazy'
Commissioner Adam Silver recently floated a proposal where the 16 teams would be seeded regardless of their conference. While James has left Cleveland behind before, he came back and brought the city its first title in more than 52 years.
Seattle NHL season-ticket campaign begins March 1
OVG's Tim Leiweke was at the State of the City address , but did not make a comment about the ticket drive. Mayor Jenny Durkan announced on Tuesday that a season ticket drive will begin on March 1 at 10 a.m.