The CBI also sealed Nirav Modi's bungalow in Alibag, a seaside town in Maharashtra's Raigadh district, as part of its probe after Punjab National Bank (PNB) accused the fugitive diamond merchant of a Rs 11,400-crore fraud.
After entering the transactions on the SWIFT messaging system, the official, who worked at the same branch from 2010 to 2017, did not record them on PNB's internal system, according to the bank's complaint.
The ED official said that Hemant Bhatt, already arrested by the CBI, was a Director or partner in 28 companies. He is presently posted as GM, Credit, PNB Head Office in New Delhi.
Rajesh Jindal, who was holding the charge of Mumbai-based PNB's Brady House branch between August 2009 and May 2011, was arrested on Tuesday night after daylong questioning in Mumbai.
The official also said that they have seized documents during searches at the office of Firestar at Peninsula Business Park in Mumbai's Lower Parel that "prove" that Mr Ambani knew what was being done. "The core strengths of the bank is the brand image with rich 123 years of existence, strong CASA base, stable asset quality and increased pace of digitisation", PNB said. It is alleged that the issuance of Letters of Undertaking (LOUs) to Modi group firms without sanctioned limits started during his tenure.
The CBI had arrested Vipul Ambani, president (finance) of Fire Star Diamond, executive assistant Kavita Mankikar and senior executive Arjun Patil (all of Nirav Modi's companies).
Nirav fails to appear before ED
The CBI also arrested Bechhu B. Tiwari, the PNB's Chief Manager who was in-charge of the Forex Department, Yashwant Joshi, a Scale II Manager in the same department and Praful Sawant, a Scale I Officer in the Exports section.
Three companies of the Gitanjali Group were also named in the second CBI FIR for allegedly defrauding PNB of Rs 4,886 crore.
He said the agency is examining if the money taken from banks was diverted to these shell companies.
A lawyer for Modi has denied his client was involved in any fraud.
The CBI has arrested a dozen bank officials and employees linked to the high-profile jewellers since the PNB announced last week it had detected fraud of nearly US$1.8 billion at the Mumbai branch. After sealing the Mumbai's Brady House branch of PNB, CBI has pulled up several of its current and former employees.
China has carried out anti-piracy patrol off Somalia since 2013, while Indian Navy is doing the same job since 2008. "No movement of Chinese warship has been detected near the waters of Maldives", said a source in the Indian Navy.
Stawinski said he plans to escort Ramzziddin's body to the medical examiner's office. "He didn't have to walk out that door". The police officials added the suspect had a shotgun with which he shot Ramzziddin, who died on the spot.
Btim Corp increased Cheesecake Factory Inc/The (NASDAQ:CAKE) stake by 17,539 shares to 473,461 valued at $19.94M in 2017Q3. Nonetheless, Walmart stock dropped 7.02% in premarket trading Tuesday on worries about profit and e-commerce slowdowns.
New Jersey, a state with tougher gun laws , banned bump stocks last month . "We need our children safe", he said. Separately, Florida lawmakers denied a motion to bring an assault weapons ban to a vote Tuesday night.
Here's to more women on these stages, more women winning awards , and more women taking over the world, ' she added. Dua Lipa used her British Female Solo Artist win at the BRIT Awards to call on women to "take over the world".
The first group of refugees on the list will be repatriated once their prior residence in Myanmar has been verified. The government says they are Bengali migrants from Bangladesh living illegally in the Buddhist-majority country.
The last video game franchise with a Hollywood film was Assassin's Creed in 2016, and that ended up not doing so well . The figure will come with a map, journal, climbing axe, doll stand, and Certificate of Authenticity.
Going just on the stolen amount disclosed, it is not the Russian state bank Globex , which was similarly hit in December 2017. SWIFT or Society For Worldwide Interbank Financial Telecommunication is the tool used for global money transfer.
Specifically, the portions set in the past will focus on the Avengers of 1,000,000 B.C. introduced in Marvel Legacy #1. Marvel has, in fact, been undergoing yearly relaunches since 2012, when the conclusion of its successful Avengers vs.
In 2015, Nigeria scored 26/100 and was ranked 136 - although only 168 countries and territories were surveyed then. It has chapters in over 100 countries in the world, with its global secretariat office in Berlin, Germany.
United States 10-year poised to cross market's red line
Expectations for a quarter-point hike at the Fed's next meeting in March are now 93.5 percent, according to Thomson Reuters data. The dollar rose 0.3 per cent to trade at 107.60 yen, helping the greenback after recent falls against the Japanese currency.
Making schools safe in an era of mass shootings
That begins in America's neighborhoods, where the courageous men and women of law enforcement have the President's full support. But this is an indication that a call for action after so many mass shootings- is being heard.
BC Budget Strong on Social Funding
Changes to Fair PharmaCare which will eliminate deductibles and expand coverage for families earning $45,000 or less. Going forward, the tax will apply to foreign purchasers who buy in the Fraser Valley, Victoria, Nanaimo and Kelowna.
Digit mobile numbers coming to India from July onwards?
Machine to machine refers to direct communication between devices using any communications channel, including wired and wireless. Bharat Sanchar Nigam Limited ( BSNL ) tweeted on Wednesday to clarify some reports spreading in the social media.
Relx (REL) Receives Buy Rating from Liberum Capital
FBR Capital has "Buy" rating and $2200 target. $3.62M worth of stock was sold by King William on Thursday, August 31. The stock of boohoo.com plc (LON:BOO) has "Buy" rating given on Friday, February 10 by Beaufort Securities.