Mehul Choksi diverted over Rs 3,250 crore from PNB branch in Mumbai, sold jewellery at inflated prices: ED

In its chargesheet, the Enforcement Directorate has said Choksi allegedly diverted USD 56.12 million (about Rs 400 crore) of loan funds to Nirav Modi and about USD 50 million (Rs 360 crore approx) to Modi's father Deepak Modi.

from The Financial ExpressThe Financial Express https://ift.tt/2MpkjTM
via IFTTT