The case of fraud on Nirav Modi seems to have escalated to new heights with fresh information that has been unearthed by the Central Bureau of Investigation (CBI).
On Saturday CBI told the court that an official of Punjab National Bank admitted that he received gold and diamond jewellery from a billionaire jeweller accused of being involved in a Rs. 12,600 crore bank fraud. So far, 14 people have been arrested in the case. Read more