A French appeals court on Tuesday upheld a tax fraud conviction against former budget minister Jerome Cahuzac, whose hidden overseas accounts became one of the most embarrassing episodes ...
The whereabouts of Nirav Modi and his uncle Mehul Choksi, the other person accused in India's biggest banking fraud at the country's second-largest state lender, have been unknown.
The Institute of Chartered Accountants of India said it has asked the Securities and Exchange Board of India, Punjab National Bank and federal investigating agencies to share their findings about the alleged fraud.
The Central Bureau of Investigation (CBI) said Rajesh Jindal, the former head of the bank's Brady House branch in Mumbai between August 2009 and May 2011, was arrested, taking to six the tally of bank officials arrested.
Israeli police revealed on Tuesday that two close associates of Prime Minister Benjamin Netanyahu were among the suspects in a new corruption probe, with five others central figures in the Bezeq telecommunications group.
Three people, including two employees of Punjab National Bank (PNB), India's second largest state-run lender, were arrested and presented before a Mumbai court over the weekend.
Enforcement Directorate (ED) officers searched the Mumbai offices of Nirav Modi after he was accused of cheating state-owned Punjab National Bank (PNB) of 2.8bn rupees ($43.8mn).
Indian tycoon Vijay Mallya appeared in a London court on Monday to start his fight against extradition to his homeland, where he is accused of fraud.