Also 141 bank accounts/ FDs of the Nirav Modi Group having a credit balance of Rs 145.74 crore have been attached.
09 Aug 2018 7:45 PM
The ED alleged that these assets were the 'proceeds of crime' of the illegal act of money laundering.
29 May 2018 2:54 PM
The ED had filed a criminal case under the PMLA in this instance in February, based on a CBI FIR.
29 May 2018 2:40 PM
In its chargesheet, filed before a local court, the CBI also named the director of the company Rahul Kothari and former bank officials.
22 May 2018 2:16 AM
The amount swelled to Rs 3,695 crore, including the accrued interest, because of repeated defaults on payment, the officials said.
21 May 2018 9:24 PM
Earlier on March 7, CBI court had turned down Vikram's interim bail plea also.
15 Mar 2018 5:42 PM
The prosecution complaints were filed in a special court in Lucknow under various sections of the Income Tax Act.
27 Feb 2018 12:12 PM
In the Rotomac case, the CBI said that seven banks gave loans worth Rs 2,919 crore to the company from 2008 onwards.
27 Feb 2018 1:25 AM
On Wednesday, the Income Tax (IT) department attached four immovable properties of the Rotomac Group of companies, in Kanpur and Ahmedabad.
24 Feb 2018 6:23 PM
Officials said an authorised representative of Anita Singhvi submitted her response to the tax department on Friday.
24 Feb 2018 3:13 PM
A consortium of seven banks had extended loans worth Rs 2,919 crore to Rotomac Global Pvt Limited 2008 onwards, according to a CBI FIR.
23 Feb 2018 3:15 PM
The CBI registered a criminal case against Vikram Kothari, his wife Sadhana Kothari and son Rahul Kothari after Bank of Baroda's complaint.
22 Feb 2018 8:43 PM
Pick any story about a disaster or gross negligence and one thing becomes clear.
22 Feb 2018 1:34 AM
The CBI also carried out raids at Vikram Kothari's residence and establishments in Kanpur.
21 Feb 2018 1:29 PM
The department has recently attached bank accounts and other assets of Choksi and the Gita-njali Group.
21 Feb 2018 2:44 AM
This is the second major financial scam to break out after the sensational Rs 11,400 crore fraud by Nirav Modi.
20 Feb 2018 6:47 PM
The ED also registered a money laundering case against Kothari and his family members on the basis of CBI’s FIR.
20 Feb 2018 5:15 AM
Kothari took letters of credit worth Rs 3,000cr to make use of interest rate differential in foreign countries.
20 Feb 2018 1:22 AM
ED would probe if funds obtained through the alleged fraud were laundered and if the proceeds were subsequently used to make black money.
19 Feb 2018 7:28 PM
The ED lodged the case under the Ptrevention of Money Laundering Act after studying CBI's FIR on the same.
19 Feb 2018 5:09 PM