The Interpol on Monday issued a Red Corner Notice against businessman Nirav Modi, who is accused of defrauding the Punjab National Bank of more than Rs 13,000 crore. The international police agency listed him as an accused on money laundering charges.
It also issued Red Corner Notices against Modi’s brother Nishal Modi and his company’s executive Subhash Parab, ANI reported.
The Central Bureau of Investigation had approached the Interpol on June 11, seeking a Red Corner Notice against Modi and his uncle Mehul Choksi, who is also an accused in the scam. A few officials of Punjab National Bank had allegedly issued fraudulent Letters of Undertaking to Modi’s companies. Some of them have been arrested and are under investigation.
Last week, the Central Bureau of Investigation said Modi had travelled to four countries even after his passport was revoked. The agency said it had issued a diffusion notice against Modi through Interpol on February 15.
Reports last month had claimed that the absconding businessman held as many as six passports, for which a new case might be filed against him. However, the Ministry of External Affairs said the diamond merchant does not have more than one Indian passport in his possession.