Legal
Prosecution outlines fraud and money-laundering charges against Nirav Modi in London courts
Billionaire jeweller Nirav Modi was accused on Monday, the first day of his five-day extradition hearing, of defrauding Punjab National Bank of more the $1 billion (Rs 7,588 crore) via 1,214 letters of undertaking he obtained by circulating poor-quality jewellery between companies he ultimately controlled that were fronted by dummy…
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Click here to read the full story: The Times of India