https://www.taxtmi.com/news?id=43908 UK High Court refused bail to fugitive Nirav Modi on account of the alleged large scale fraud and money laundering using shell companies, with extradition proceedings described as at a final stage. The Enforcement Directorate reports registration of a money laundering case linked to a major bank fraud, attachment of assets domestically and overseas, filing of chargesheets against Modi and others, confiscation of assets under the Fugitive Economic Offenders Act, and partial restoration of attached assets to victim banks. en-us Fri, 16 May 2025 19:42:03 +0530 Fri, 16 May 2025 19:42:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=43908 UK High Court refused bail to fugitive Nirav Modi on account of the alleged large scale fraud and money laundering using shell companies, with extradition proceedings described as at a final stage. The Enforcement Directorate reports registration of a money laundering case linked to a major bank fraud, attachment of assets domestically and overseas, filing of chargesheets against Modi and others, confiscation of assets under the Fugitive Economic Offenders Act, and partial restoration of attached assets to victim banks. News - Fri, 16 May 2025 19:42:03 +0530 https://www.taxtmi.com/news?id=43908