Nirav Modi aides move US court to quash subpoenas issued by PNB
(WorldNews Business)

Pushed to a corner, Nirav Modi aides Mihir Bhansali and Rakhi Bhansali have moved a US court, seeking quashing of Punjab National Bank's (PNB) subpoenas issued to the husband-wife duo who allegedly have information relevant to the state-run lender's claims against Modi-controlled American firms. The Bhansalis have claimed that PNB is not entitled to obtain evidence from them because the state-run bank was "complicit" in the multi-billion dollar fraud activity, involving now fugitive diamantaire Nirav Modi, his uncle Mehul Choksi and some PNB employees. Shortly after the fraudulent activity came to light in India this year, Modi-controlled Firestar Diamond and other firms...