Hyderabad-based Jeweller

About 146 kg of gold jewellery worth over Rs 82 crore has been seized by the ED after it raided the premises of a Hyderabad-based jewellery group and its associates in connection with a post demonetisation money laundering case

The CBI has charged Hyderabad-based telecom equipment manufacturer VMC Systems and its promoters in an alleged bank fraud case of Rs 1,700 crore on the complaint of Punjab National Bank, which is reeling under the USD 2 billion fraud committed by jewellers Nirav Modi and Mehul Choksi.

About 146 kg of gold jewellery worth over Rs 82 crore has been seized by the ED after it raided the premises of a Hyderabad-based jewellery group and its associates in connection with a post demonetisation money laundering case

The CBI has charged Hyderabad-based telecom equipment manufacturer VMC Systems and its promoters in an alleged bank fraud case of Rs 1,700 crore on the complaint of Punjab National Bank, which is reeling under the USD 2 billion fraud committed by jewellers Nirav Modi and Mehul Choksi.