Diplomacyindia.com


ED seeks ‘red corner notice’ against Nirav Modi

June 14
10:18 2018

New Delhi, June 14 (IANS) The Enforcement Directorate (ED) has requested the Interpol to issue Red Corner Notice (RCN) against absconding diamentiare Nirav Modi in connection with its probe into the Rs 13,500 crore Punjab National Bank (PNB) fraud case, agency sources said.

An ED source said that the financial probe agency has written to the Interpol requesting to issue the RCN, a request to locate and provisionally arrest an individual pending extradition. It is issued by the General Secretariat at the request of a member country or an international tribunal based on a valid national arrest warrant.

The agency’s move comes in the wake of the charge sheet it filed against 23 people including Nirav Modi in a special court in Mumbai.

A non-bailable warrant was issued against Nirav Modi and 10 other accused, including his family members, in the case related to the fraud, after taking cognisance of a charge sheet filed against them by the ED last month.

The ED had last week moved the special court seeking warrants against the accused, and Special Prevention of Money Laundering Act (PMLA). It has charged the accused under various sections of the Indian Penal Code and the PMLA in the case.

The charge sheet or the prosecution complaint — running in about 12,000 pages — names Nirav Modi, his sister Purvi Mehta, brother-in-law Maiank Mehta, brother Neeshal Modi, relative Nehal Modi, father Deepak Modi and 18 others.

Nirav Modi’s three firms — Solar Exports, Stellar Diamonds and Diamonds R US — which had fraudulently obtained Rs 6,498 crore through LoUs issued by the Mumbai’s Brady House Branch of PNB were also named in the charge sheet.

The charge sheet said the funds so obtained by these firms were partly utilised for payment to various overseas companies and also for offsetting earlier LoUs.

The diamantaire left India with his family around a month before PNB filed its first complaint with the Central Bureau of Investigation (CBI) in the fraud at the beginning of this year.

Related Articles

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment

Your email address will not be published.
Required fields are marked *

Social Icons

Diplomacyindia.com Video Interview with Shri Dnyaneshwar M. Mulay Secretary (CPV & OIA), Ministry of External Affairs speaking on an eventful journey of Indian Passport through its serveral phases, fast expanding network of passport seva kendras, evergrowing numbers, citizen centric service & new Initiatives

Diplomacyindia.com Video Interview with Shri Dnyaneshwar M. Mulay Secretary (CPV & OIA), Ministry of External Affairs speaking on safety & security features of the passport documents in an era of digitalisation his cherished moments & milestones as “Passport Man” of India tranforming the entire passport landscape.

Diplomacyindia.com Video Interview : Mrs. Reva Ganguly Das (IFS) Director General, Indian Council of Cultural Relations Speaking on Yoga Day Celebrations

Exclusive Interview to Diplomacyindia.com with Shri Upendra Tripathi, IAS Interim DG, International Solar Alliance (ISA) speaking on the journey of ISA so far, guiding principles, vision & priority areas & programmes for ISA.

Exclusive Interview to Diplomacyindia.com with Shri Upendra Tripathi, IAS Interim DG, International Solar Alliance (ISA) speaking on expanding rank of international solar alliance & opening the membership to the countries beyond tropics.

Diplomacyindia.com Exclusive Interview with Ambassador of Slovenia to India, H.E. Mr. Jozef Drofenik speaking on Bilateral Relations and Trade between India and Slovenia

Diplomacyindia.com Exclusive Interview with Ambassador of Slovenia to India, H. E. Mr. Jozef Drofenik speaking on Tourism in Slovenia

Pictures of Formal Launch of Website Diplomacyindia.com

Knowledge Partner

Exclusive Interview with Prime Minister of Guyana, H.E. Mr. Moses Veerasammy Nagamootoo during his recent visit to India.Highlights of the interview were Indian Cultural Connect, Vibrant Bilateral Ties and Cultural Connect and India’s Economic Prowess.

Video Message from Shri Prakash Javadekar, MoS (IC) for Forest, Environment & Climate Change on eve of Formal Launch of Website Diplomacyindia.com

Message from Gen. V K Singh, (Retd.) Hon’ble MoS, External Affairs to Diplomacyindia.com

WP Facebook Auto Publish Powered By : XYZScripts.com