The Interpol has issued a Red Corner Notice (RCN) against Nehal Modi, a stepbrother of Nirav Modi, the prime accused in the USD 2 billion PNB scam case, officials said on Friday. They said the global arrest warrant against the Belgian national Nehal Modi, 40, has been issued on charges of alleged money laundering being probed by the Enforcement Directorate.
They said the global arrest warrant against the Belgian national Nehal, 40, has been issued on charges of alleged money laundering that is being probed by the Enforcement Directorate.
In the plea before special CBI judge V C Barde, the central agency said the accused had left the country before the case was registered, so the warrants against them could not be executed.
The routine “call-over” hearing in the 48-year-old's extradition case at Westminster Magistrates’ Court was presided over by Judge Tan Ikram, who told Modi that his trial dates would be confirmed at the next call-over hearing on September 19, when he will again appear via videolink.
Fugitive diamantaire Nirav Modi, wanted in India in connection with the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case, is set to appear before a UK court for his customary 28-day remand hearing on Thursday.
Fugitive diamond merchant Nirav Modi, wanted in India in connection with the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case, was on Thursday further remanded to judicial custody until August 22, when he will appear once again via videolink from his London prison cell.
The Debt Recovery Tribunal here on Saturday directed fugitive diamond merchant Nirav Modi, who is currently lodged in a London prison, and his aides to pay more than Rs 7,200 crore with interest to the defrauded Punjab National Bank.
The agency said the bank account is in the name of Pavillion Point Corporation based in the British Virgin Islands, a company that is "beneficially owned" by Purvi Modi and Maiank Mehta. The couple is the sister and brother-in-law of Nirav Modi, who is currently under arrest in this alleged bank fraud case in London from where India is seeking his extradition.
The ED, which is investigating Nirav Modi in the Punjab National Bank fraud case, said it believed that deposits in the bank account were made from proceeds of crime illegally siphoned off by Nirav Modi from the state-run Indian bank.
UK court has extended fugitive diamantaire Nirav Modi's remand till July 25. He appeared via videolnk from prison before Westminster Magistrates' Court in London today.
Fugitive diamantaire and key accused in PNB fraud case Nirav Modi's four Swiss bank accounts have been frozen by the authorities in Switzerland on request of India, confirmed Enforcement Department on Thursday.
Nirav Modi is currently imprisoned inside Wandsworth prison in southwest London. He is wanted in India in connection with USD 2 billion Punjab National Bank (PNB) scam.
The Antigua and Barbuda government will extradite fugitive businessman Mehul Chokshi to India soon, confirmed the Island nation's Prime Minister Gaston Browne.
The 48-year-old has been behind bars at Wandsworth prison in south-west London since his arrest on March 19.
In February 2018, the Central Bureau of Investigation (CBI) launched an investigation, acting on a complaint from the Punjab National Bank (PNB) alleging Nirav Modi and his partners defrauded the bank of Rs 280 crore.
Punjab National Bank scam accused Nirav Modi has been denied bail thrice before this. Westminster Magistrates' Court in London fears that Nirav Modi will run away if he is granted bail. UK High Court is likely to deliver judgment on the matter today.
Authorities at the Arthur Road jail here have kept 'barrack no. 12' ready if fugitive diamond merchant Nirav Modi is extradited from the UK in connection with the USD 2 billion PNB fraud and money laundering case, a Home department official said Tuesday.
Modi was on Thursday remanded till June 27 by a UK court, which directed the Indian government to confirm within 14 days which prison he is to be held in if he were to be extradited
A UK court has asked the Indian government to provide information about prison in which fugitive businessman Nirav Modi will be kept if he is extradited to India. Nirav Modi is prime accused in multi-million rupee Punjab National Bank scam along with his uncle Mehul Choksey.
Fugitive diamond merchant Nirav Modi is set to be produced before a court in London on Thursday as he fights his extradition to India in the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case.
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