PNB Fraud Case: Govt suspends Nirav Modi, Mehul Choksi's passports | WeForNews | Latest News, Blogs PNB Fraud Case: Govt suspends Nirav Modi, Mehul Choksi’s passports – WeForNews | Latest News, Blogs
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PNB Fraud Case: Govt suspends Nirav Modi, Mehul Choksi’s passports

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PNB

New Delhi, Feb 16: Two days after the $1.8 bn fraud in Punjab National Bank (PNB) came into the limelight, the government on Friday suspended passports of Nirav Modi and Mehul Chinubhai Choksi for four weeks.

“On the advice of the Enforcement Directorate, the Passport issuing authority in the Ministry of External Affairs has today suspended the validity of passports of Nirav Deepak Modi and Mehul Chinubhai Choksi with immediate effect for a period of four weeks u/s 10(A) of the Passports Act 1967,” the Ministry of External Affairs said here in a statement.

“Nirav Deepak Modi and Mehul Chinubhai Choksi have been asked to respond within one week as to why their passports should not be impounded or revoked under Section 10 (3) (c) of the Passports Act 1967. If they fail to respond within the stipulated time it will be assumed that they have no response to offer and the MEA will go ahead with the revocation,” the statement added.

Earlier in a day, eight more employees of Punjab National Bank had been suspended, taking a total number of employees to 18, which also includes General Manager level officers.

The internal investigation of the bank is still underway, news agency ANI reported.

After almost 24 hours, raids continued at Nirav Modi’s boutique in Kala Ghoda in Mumbai on Friday also. It is alleged that Modi and his associate firms fraudulently acquired PNB guarantees worth USD 1.7 billion that they later used to obtain loans overseas.

Read More…. INTERPOL’s diffusion Notice issued against Nirav Modi, others

Earlier in a day, the Interpol’s diffusion notice had been also issued against the diamantaire, his wife Ami Modi, brother Nishal Modi and Mehul Choksi in connection with the fraud case.

In the meantime, Finance Ministry sources told ANI that recapitalisation of PNB will not be impacted by fraud case, the bank will get its recapitalisation share of Rs 5000 crore, as allocated earlier.

Yesterday, CBI had sealed the residence of  Nirav Modi’s wife in Mumbai’s Worli.

The probe agency sealed her residence after conducting a raid on February 3 and 4. It also seized 95 documents including import bills and applications.

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India

Result of ‘Howdy Modi’, Trump calls India’s air ‘filthy’: Kapil Sibal

Trump described the air in India,China,and Russia as “filthy” as he defended his decision to withdraw from the Paris Climate Accord,lauded his decisions with regard to reducing carbon emissions

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Kapil Sibal

New Delhi: Taking a jibe at the Centre, Congress leader Kapil Sibal on Friday said that US President Donald Trump said that India’s air is ‘filthy’, a result of ‘Howdy Modi’ event.

“Trump : Fruits of Friendship 1) Questions India’s Covid death toll 2) Says India sends dirt up into the air India “ air is filthy “ 3) Called India “ tariff king “ The result of “Howdy Modi “ Sibal tweeted.

US President Donald Trump described the air in India, China, and Russia as “filthy” as he defended his decision to withdraw from the Paris Climate Accord and lauded his decisions with regard to reducing carbon emissions at Thursday’s final debate before the November 3 election.

“Look at China. How filthy it is. Look at Russia. Look at India, it’s filthy. The air is filthy,” said Trump while speaking on carbon emissions as he countered Democratic rival Joe Biden at a final debate moderated by NBC’s Kristen Welker.

Trump further claimed that under his administration the US has had the lowest emission numbers in the last 35 years.

Earlier during his first presidential debate against his Democratic challenger Joe Biden, the US President said India, China, and Russia “did not exactly give a straight count” on deaths due to the novel coronavirus.

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Disaster

Coronaviurs: Total recoveries of COVID-19 cross 70 lakh in country

Currently, India’s Case Fatality Rate is 1.51 per cent, which is one of the lowest globally.

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Coronavirus India

The Health Ministry today said more than 70 lakh people have recovered from COVID-19 infection in the country. In the last 24 hours, more than 67 thousand have recovered.

The Ministry said, ten States and Union Territories are contributing 81 per cent of the high number of daily Recoveries. The country’s COVID-19 recovery rate has now reached 89.78 per cent. The actual caseload currently comprises only 8.71 per cent of the total positive cases.

Presently, the total number of active cases in the country is over six lakh 80 thousand. In the last 24 hours, 53 thousand 370 new cases have been reported taking the total number of positive cases in the country to over 78 lakh. In the same period, 650 deaths were reported taking the toll to one lakh 17 thousand 956.

Currently, India’s Case Fatality Rate is 1.51 per cent, which is one of the lowest globally.

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Health

Harsh Vardhan expresses hope that Covid-19 vaccine will be made available in country by January next year

Dr Harsh Vardhan also appealed to the people to follow Covid appropriate behaviuor to check the spread of virus in view of the coming festive seasons.

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Vaccine Covid

Health Minister Dr Harsh Vardhan has expressed hope that Covid-19 vaccine will be made available in the country by January next year.

Speaking at a programme on DD News, Dr Vardhan said there are three vaccine candidates in India, out of which one is at the advanced stage of clinical trial of phase-3. Of the other two vaccine candidates, which are in clinical trial of phase-2, one has recently entered the third phase trial.

Dr Vardhan also said, if the preparations in this regard made so far progress well then 400 to 500 million doses of the Covid vaccine will be available in the country before June and July of next year.

Dr Harsh Vardhan also appealed to the people to follow Covid appropriate behaviuor to check the spread of virus in view of the coming festive seasons.

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Corona Virus (COVID-19) Live Data

COVID-19 affects different people in different ways. Most infected people will develop mild to moderate illness and recover without hospitalization.