PNB scam: Bank recovers 3.25 million dollars by liquidating Nirav Modi's US assets
The Punjab National Bank (PNB) has recovered $3.25 million (around Rs 24.33 crore) as the first tranche of recoveries upon liquidation of the assets of companies promoted by fugitive diamantaire Nirav Modi in the US.
In a statement on Tuesday, the Ministry of Corporate Affairs (MCA) said that upon liquidation of the debtors'...