Showing posts with label Neerav Modi. Show all posts
Showing posts with label Neerav Modi. Show all posts

Sunday, June 20, 2021

Fly on the Wall | Chowksi fell into Ajit Doval’s trap

by Harish Gupta, National Editor, Lokmat Group

Chowksi fell into Ajit Doval’s trap
The Mehul Chowksi saga has once again shown there is still a fire in the belly of 76-year old country’s top spymaster Ajit Doval. It now transpires that a core team drawn from the Intelligence Bureau, Research & Analysis Wing (RAW) and Strategic Policy Group (SPG) worked directly under Ajit Doval to execute “Operation Chowksi”. Prime Minister Modi has been burning midnight oil ever since Neerav Modi and Mehul Chowksi vanished from India after swallowing thousands of crores of banks’ money. Modi was upset that his photograph appeared on front pages with them to paint him as if he was patronizing them. The task of bringing them was handed over to National Security Adviser Ajit Doval. While Neerav Modi vanished to London and Chowksi ended up in Antigua as a citizen of tiny Iceland. Those privy to goings-on say that three persons of British origins were specially hired by Doval in London to locate Neerav Modi’s whereabouts. They found and clicked his photo and the lid was off. Indian spies could not have operated directly in the UK. Now legal proceedings are underway after his arrest. But in the Chowksi’s case, his Antiguian citizenship created a problem and Doval reported to have chalked out a “covert operation” sitting in his South Block Office. There is a whole trail behind how Choksi was 'honey trapped' by a woman during his evening stroll, who hired this beautiful woman and her accomplice, how the fugitive was lured to this woman’s apartment in Antigua, bundled in a car and taken to Dominica. This fascinating story is just another thriller from Ajit Doval’s secret diary which may perhaps never be known.

When Mumbai Police botched up Doval plan
Doval is a master of covert operations, works quietly and only a handful of people know how he won over six of Laldenga's seven commanders during the Mizo National Front insurgency era, remained underground for years in the Arakan in Burma & Chinese territory, played key role in Sikkim’s merger with India, rescued Romanian diplomat Liviu Radu in 1988 and went inside the Golden Temple, Amritsar days before Operation Black Thunder and negotiated the release of hijacked Indian Airlines flight IC-814 in Kandahar in 1999. It was due to his exemplary record that the Monmohan Singh government made him Director IB in July 2004. Even after he retired, the UPA took his services in “Operation Dawood Ibrahim”. Doval lured Chota Rajan who had split with Dawood and wanted to avenge the attack on his life in Bangkok in 2000. According to R K Singh who was Home Secretary in the UPA era and Modi government minister, Chota Rajan’s men were trained at a secret location in India with a plan to eliminate Dawood. In fact, Doval was briefing Rajan’s sharp-shooters, Vicky Malhotra and Farid Tanasha, at a 5-star hotel and handing over fake travel documents etc to reach Dubai. But that's when things went horribly wrong as cops from Mumbai landed there all of a sudden to arrest them. This was perhaps the first time when the Indian James Bond (behind the scenes only) lost his cool. He tried to explain to the team led by DCP Mumbai who he is. But all went in vain. One of the most audacious operations to eliminate the underworld don was unraveled because of an ugly turf war between India's security agencies. It was only after such failed operations that a new mechanism has been put in place where all intelligence agencies are under the NSA’s Command.

Winds of change are blowing!
When the going is good, many people will be your friends. When the going becomes tough, even your best friends will run away, sung artist William Onyeabor. After West Bengal polls, winds of change are blowing in reverse direction for the Establishment. The recent tough stance from the judiciary in states and SC has worried the government. The way Chief Justice of India N V Ramana ripped into the government’s proposed names for the CBI’s chief’s post at the selection committee meeting last week, has sent shivers down the spine of powers that be. Ramana had been deeply hurt ever since Andhra Chief Minister Jaganmohan Reddy made personal allegations against him. It is still a mystery as to why Reddy made such allegations who himself is at the mercy of CBI, ED & Income tax due to various corruption cases. But the outgoing CJI S A Bobade and collegium stood firmly behind Ramana. He is his own master and obliged to none.

Friday, February 16, 2018

by Harish Gupta, National Editor, Lokmat Group


Diamond King Neerav Modi flees India
Rs 11000 Crores fraud detected by PNB, Mumbai Branch
CBI probing biggest ever scam after Kingfisher
Vijay Mallya and Sandesaras also fled the country

Harish Gupta
New Delhi, Feb 14
Even as the Modi government was grappling with the Rs 9000 crores money laundering case against Vijay Mallya of Kingfisher fame and Rs 5000 crore scam of Sterling Biotech, another massive scam involving a sum of Rs 11000 crores surfaced.

The magnitude of the scam shook the banking industry as it involved several Public Sector Banks including the lead banker PNB. The PNB lodged two complaints with the CBI which swung into action as it involved billionaire diamond jeweller Nirav Modi and some of his firms in connection with a Rs 11,000 crore fraud case.

Highly placed sources told Lokmat today that the wanted billionaire diamond trader, had fled the country a couple of days ago when the CBI had registered its first case of cheating of Rs 280 crores against him on February 5.


If Vijay Mallya fled the country in 2016, the two Gujrat-based brothers who own Sterling biotech, also fled the country last year. It transpires that the Sandesara who were highly politically connected fled after the CBI registered cases against them. The diaries of the Sterling Biotech is said to be the root cause of the trouble which named high and mighty people. Now these sources claim that even Neerav Modi has fled the country right under the nose of the government. It was rather surprising how could Neerav Modi flee when the Income tax department had raided his premises in January and other agencies were after him.

Sources in the CBI refused to comment on the development and said that it is probing the case as PNB detected fraudulent transactions worth $1,771.7 million (over Rs11, 000 crore) in its Mumbai branch.

On February 5, CBI had booked Modi, his wife Ami Modi, brother Nishal Modi and his maternal uncle Pune-based Mehul Choksi in connection with an alleged Rs 280-crore cheating case after it received a complaint from PNB on January 29. The CBI FIR said a few public servants “committed abuse of official position to cause pecuniary advantage to Diamond R US, Solar Exports, Stellar Diamonds and wrongful loss of Rs 280.70 crore to Punjab National Bank during 2017”. Modi, his wife, brother and Choksi are all partners of these three firms, the FIR said. The case has been booked under IPC sections related to criminal conspiracy, cheating and provisions of Prevention of Corruption Act.

The PNB said in BSE filing, “The bank has detected some fraudulent and unauthorised transactions (messages) in one of its branches in Mumbai for the benefit of a few select account holders with their apparent connivance. Based on these transactions, other banks appear to have advanced money to these customers abroad,” said PNB.

The Modus operandi was simple as two employees of the PNB “fraudulently ” issued eight letters of undertakings (LOUs) and “transmitted SWIFT instructions to the overseas branches of Indian Banks” to raise buyers credit of at least Rs 280 crore for Modi’s firms without “making entries in the bank system”.

The bank alleged that it was making an “in depth” inquiry to find outstanding LOUs that have not been detected in its system. The bank also alleged that a fraudulent issuance of LoUs took place on January 16, 2018 for and on behalf of the accused firms, which approached the bank and presented a set of import documents with a request to allow buyers’ credit for making payment to overseas suppliers. The bank officials requested the firms to furnish 100 per cent cash margin for LoUs for raising buyers’ credit. The firms contested this, saying they availed of the facility in the past also, the complaint has alleged. It was at this juncture that inquiries were ordered to look into past record.


The Neerav Modi establishments across the country were raided by the income tax department and seized cash, jewellery and several documents that allegedly revealed tax evasion by his firms.