The Debt Recovery Tribunal(DRT) in Pune today directed fugitive diamond merchant Nirav Modi, who is currently lodged in a London prison, and his aides to pay more than 7,200 crore rupees with interest to the defrauded Punjab National Bank.<br />'' <br />'' Nirav Modi, is wanted in the country as the main accused in the Punjab National Bank fraud and money laundering case amounting up to 2 billion US Dollers.&nbsp;<br />'' <br />'' Presiding Officer Deepak Thakkar, who holds additional charge of Debt Recovery Tribunal (DRT), passed two orders in two cases out of three in favour of the Punjab National Bank. An official from the tribunal has said, the recovery officers with DRT will initiate further action.<br />'' &nbsp;
News On AIR | July 6, 2019 7:06 PM
DRT directs Nirav Modi, aides to pay over Rs 7,200 cr plus interest