Business

PNB Scam: Nirav Modi's Lawyer Replies To Enforcement Directorate

JAVED SAIFI | 0
4383
| October 29 , 2018 , 17:38 IST

The lawyer of absconding Nirav Modi filed nine applications before the Special Prevention of Money Laundering Act (PMLA) court on Monday in a reply to Enforcement Directorate (ED) application to declare his client Nirav Modi a Fugitive Offender.

The next hearing in the case is scheduled for November 19.

On October 1, the ED attached worth Rs 637 crore assets of absconding Modi in India and four other countries.

The ED attached properties, jewellery, flats and bank balances of Modi in India, UK, New York and other.

Modi is an accused involved in the Punjab National Bank money laundering scam of over $2 billion who fled the country with his wife in the first week of January before the announcement of the scam.

Also Read: PNB Scam: Enforcement Directorate Attaches Rs 637 Crore Assets Of Fugitive Nirav Modi

After getting the information of Modi's presence in the UK, Central Burea Investigation (CBI) moved an extradition request to the home ministry.

Later CBI requested the UK authorities to detain Modi on the basis of the Red Corner Notice issued by the Interpol against Modi on July 2.

In the issued RCN, the Interpol urged its 192 member countries to detain or arrest Modi if he spotted in their countries so that extradition can begin.