Connect with us

International News

Nirav Modi’s plea on dismissing fraud allegations rejected by US court

Published

on

Nirav Modi’s plea on dismissing fraud allegations rejected by US court

On October 15, the U.S. Bankruptcy Court for the Southern District of New York rejected his and his associates’ request to dismiss the fraud charges against them. This was another setback for the fugitive diamond dealer Nirav Modi. Basically, Firestar Diamond, Inc., Fantasy, Inc. and A. Jaffe, Inc.-three U.S. companies indirectly owned by Modi, sought protection under the bankruptcy law approximately one month after the Punjab National Bank filed a lawsuit against him and other entities Large-scale bank fraud. After failing to sell the debtor’s assets, the court appointed Richard Levin as the trustee of the aforementioned company in mid-2018.

Levine filed a lawsuit in March 2019 against Nirav Modi, Mihir Bhansali, who is the director and chief executive officer of these companies, and Ajay Gandhi, who is their chief financial officer. The company and its assets have a 6-year “extensive international fraud, money laundering and embezzlement scheme”.

In Wandsworth Prison in the United Kingdom, Modi was accused of being the main beneficiary of the fraudulent issuance of a pledge, which was part of a conspiracy to defraud PNB of up to Rs 13,570 crore. The court held that the complainant’s argument was reasonable.

Advertisement

“Although the revised complaint described bank fraud against PNB, it also accused the defendant of direct fraud against the debtor.”

In a clear prosecution against Modi, it added: “The defendant’s obstructive behavior apparently contributed to the ongoing fraudulent plan at the time, rather than merely covering up the previously completed plan, thereby satisfying the continuity requirements for the establishment of the model. RICO (Racketeer Influenced and Corrupt Organizations).” The US court instructed the trustee Richard Levine to submit a proposed order and serve copies of it to the lawyers of all three defendants.

News Source : Republicworld.com

Advertisement

Pahalgam Attack

Man says terror suspect spoke to him day before Pahalgam attack: ‘Hindu ho kya?’

Published

on

By

Man says terror suspect spoke to him day before Pahalgam attack: ‘Hindu ho kya?’

The Pahalgam terror attack in April 2025 resulted in the deaths of 26 people, mostly tourists, in the Baisaran valley. A man from Maharashtra’s Jalna claimed that a suspected attacker spoke to him a day before the attack. The National Investigation Agency is currently investigating the incident Adarsh Raut, who recently returned from Jammu and Kashmir.

Recounted his interaction with a man at a food stall in the Baisaran Valley on April 21. The man asked him if he was a Hindu and told him that he did not look like a Kashmiri. The suspect then turned to his companion and said, “There’s less crowd today.” The Jalna resident found the conversation disturbing but did not grasp the full implication until the following.

Advertisement

Day, when terrorists killed 26 people, mostly tourists, in the same area. The incident highlights the need for increased security measures in the region and the need for a more robust security system The National Investigation Agency (NIA) has been investigating the Pahalgam terror attack, which occurred in Kashmir. The agency questioned several people, including family.

Members of victims, tourists, and pony riders, since it took over the case from the Jammu and Kashmir Police. The agency took over the case five days after the incident and four days after its team visited the attack site. Since April 23, NIA teams have been camping at the Pahalgam terror attack site and have intensified the search for evidence. The teams, overseen by an.

Inspector General, a Deputy Inspector General, and a Superintendent of Police, are examining eyewitnesses who witnessed the horrifying attack unfold before their eyes at the peaceful Baisaran valley. The NIA is also examining the phone number of the Maggi stall owner, who was unable to pay him due to network issues. Tourists are returning to Pahalgam days after.

The attack, stating that there is nothing to fear Pahalgam, Jammu & Kashmir – April 30, 2025 — A chilling account has emerged from a local resident in Pahalgam who claims that a man and several injured near the tourist hub suspected to be involved in the recent terror attack in the area had approached him a day prior and asked pointedly, “Hindu ho kya Are you Hindu?).

Advertisement

The resident, identified only as Shabbir Ahmad for security reasons, said he encountered the man while walking near the Lidder River on Sunday evening. According to Shabbir, the man—described as being in his late twenties, with a trimmed beard and wearing civilian trekking attire—struck up a casual conversation before abruptly asking about his religion.

“I told him I was Muslim, and he just nodded and walked away quietly,” Shabbir told local police, who are now investigating the possible link between this interaction and the Monday morning attack that left three tourists dead and several injured near the tourist hub of Pahalgam The incident has raised serious concerns targeted violence, particularly against.

Pilgrims and tourists visiting the Valley. Security agencies have not ruled out the possibility that the suspect was conducting reconnaissance or attempting to identify potential targets based on religious identity Senior police officials said they are reviewing CCTV footage and have circulated sketches based on eyewitness accounts, including Shabbir We are pursuing.

All leads seriously. This account is valuable and may help us track the attackers,” said Anantnag SSP Shakti Pathak The attack is the latest in a string of violence aimed at disrupting tourism and peace in the region. Security has been heightened, and have been set up around Pahalgam and adjoining routes.

Advertisement
  • Group Media Publication
  1. Construction, Infrastructure and Mining   
  2. General News Platforms – IHTLive.com
  3. Entertainment News Platforms – https://anyflix.in/

Continue Reading
Anyskill-ads

Facebook

Trending