Home > Big Story > CBI likely to approach Interpol for red corner notice against Nirav Modi, Mehul Choksi
CBI likely to approach Interpol for red corner notice against Nirav Modi, Mehul Choksi
BY Team MP21 May 2018 12:44 AM IST
Team MP21 May 2018 6:14 AM IST
New Delhi: The CBI is likely to approach Interpol for a Red Corner Notice against absconding billionaire jewellers Nirav Modi and Mehul Choksi who are allegedly the brains behind the over USD 2 billion scam in Punjab National Bank, agency sources said.
Modi along with his wife Ami, a US citizen, brother Nishal a Belgian, and uncle Choksi, Gitanjali group's promoter, had fled the country before the bank approached the CBI with a complaint against his companies for allegedly cheating through fraudulent issuance of Letters of Undertakings (LoUs) and Foreign Letters of Credit (FLCs).
The agency recently chargesheeted both Modi and Choksi separately in the scam and will now approach the Interpol for a Red Corner Notice aimed at bringing them back for facing trial in the cases against them, the sources said.
The PNB had approached the CBI with a complaint by which the agency had registered an FIR against Modi.
The agency had immediately issued a diffusion notice with the Interpol to track Modi and Choksi, but their whereabouts remain unknown, the sources said. They said the Red Corner Notice would allow enforcement agencies of the member countries of Interpol to try to find and arrest them in their respective countries.
The CBI, in its charge sheet filed last week, alleged that Modi, through his companies, siphoned off funds to the tune of Rs 6,498.20 crore using fraudulent LoUs issued from PNB's Brady House branch in Mumbai.
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