Special court issues non-bailable warrant against Nirav Modi
Nirav Modi
On Monday, the Central Bureau of Investigation said that it does not have confirmation on the whereabouts of Nirav yet
A Special PMLA court issued a non-bailable warrant against billionaire businessman Nirav Modi on Tuesday. Indian billionaire jeweller Nirav Modi, who figures at the centre of an alleged multi-crore bank fraud, has fled to the UK where he is claiming political asylum.
On Monday, the Central Bureau of Investigation said that it does not have any confirmation on the whereabouts of Nirav yet.
"The moment his whereabouts are confirmed further action will be taken," a CBI source said.
The Central Bureau of Investigation, on Monday, requested Interpol to issue red corner notices against Nirav Modi and Mehul Choksi.
The Punjab National Bank detected the multi-crore scam, wherein Nirav and his uncle-cum-business-partner Mehul Choksi had allegedly cheated the bank to the tune of $2 billion, with the purported involvement of a few employees of the bank.