I-T probes 50 secret overseas bank accounts of Nirav, Choksi
The Income Tax Department has probed 50 'secret' bank accounts linked to $2.1-billion PNB fraud-accused jewellers Nirav Modi and Mehul Choksi located in London, Hong Kong, UAE and other countries outside India, according to reports. Nirav reportedly held 40 out of the 50 traced accounts. The duo reportedly created more than 1000 bank accounts to divert PNB's loan amount.