Interpol Issues Global Arrest Warrant Against Fugitive Nirav Modi's Wife In PNB Scam Case
The Interpol has issued a global arrest warrant against Ami Modi, the wife of Nirav Modi, prime accused in the PNB bank fraud case.
The 'red notice' has been issued by the global police body on the request of the Enforcement Directorate (ED) on charges of money laundering.
Once such a notice is issued against a fugitive, the Interpol asks its 192-member countries to arrest or detain the person if spotted in their countries after which extradition or deportation proceedings can begin.
ED probe found that Ami Modi was the beneficiary of the alleged purchase of two apartments at Central Park in New York using $30 million from the money which her husband allegedly obtained fraudulently from the PNB through Letters of Undertaking and Foreign Letters of Credit.
Last year in September, Interpol issued an RCN against Nehal Modi, brother of Nirav Modi, on charges of money laundering, at the request of the ED.
The ED is probing the money laundering case against Nirav Modi, who is currently lodged in a London jail, his sister Purvi Modi and his uncle Mehul Choksi of the Gitanjali Group.
Nirav Modi and his uncle Mehul Choksi are under investigation by both the CBI and the ED. Choksi is now believed to be in Antigua.
Ami along with her husband and other family members had fled the country just before the multi-crore scam surfaced.
Nirav Modi is currently lodged in a UK jail after being arrested in London in March 2019 and is fighting extradition to India.?
He is accused of defrauding the PNB to the tune of Rs 13,500 crore in connivance with some top bank officials.
He has been declared a fugitive economic offender by a Mumbai court early this year and the court had also ordered the confiscation of his assets.
The ED has already confiscated about Rs 329 crore of his linked properties.
