Fraud  

From Delhi’s India Gate to the Ghats of Banaras, Kapil Mishra is campaigning for Narendra Modi. His slogan “Mera PM Mera Abhimaan” has created a wave among the youth of India already and now he is busy in Delhi with his campaign “Saaton Seetein Modi Ko”

According to the CBI, a company named Ind Barath Power Ltd. got a sanction of Rs 2,655 crore from three NBFCs: Power Finance Corporation; India Infrastructure Finance Corporation and Rural Electrification Corporation.

'Attached vehicles of absconding bank fraud accused Nirav Modi, and Mehul Choksi were e-auctioned through Metal Scrap Trade Corporation Ltd. (MSTC) as per order (dated 20.03.2019) of Hon’ble Special Judge (PMLA), Mumbai,' ED said.

According to the ED, the action has been taken against Shree Ganesh Jewellery House India Limited, Kolkata after filing a case under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA) in the bank fraud case.

According to Mohammed Salim, the indifferent presiding officer didn't take any action. When he caught a TMC cadre who was actively involved in fraudulent activities, his car was vandalised. 

The fraud case, according to the sleuths, resulted in a loss of Rs 2,348 crore (approx) for the lending banks/financial institutions/govt exchequer

The Enforcement Directorate (ED) has attached assets (movable and immovable) worth Rs 315 crore of a firm that belongs to Telugu Desam Party (TDP) lawmaker YS Chowdary. The firm is in soup over money laundering and bank fraud
 

Prime Minister Narendra Modi said that his government made laws to prevent economic offences in the country. The law also enabled the Indian government to seize their property at any corner in the world.

Vijay Mallya has offered to pay 100 percent of the amount he owes to Indian banks. He has accused NDA of double standards and has said that his 4000 crore investment into Kingfisher was not recognised and instead slammed.

While the Narendra Modi led NDA government has convinced the United Kingdom courts to bring accused Vijay Mallya and Nirav Modi back to India, there are several other fraudsters like Lalit Modi and Nadeem Akhtar Saifi who are still at large.

Taking a dig at Prime Minister Narendra Modi, BV Nayak, the Congress MP from Karnataka’s Raichur said that Modi had done nothing to improve the lives of farmers. Reacting to the criticism, the BJP said these are desperate lies and nothing else. 
 

The reigning students' union of the Jawaharlal Nehru University (JNU) that came to power in the Left's last student bastion in north India is liable to be dissolved over allegations of grave illegalities and financial fraud.

The UK home secretary sent India’s request for Nirav Modi’s extradition to court on Saturday, thus initiating legal proceedings against the fraudulent diamantaire.