CBI team to leave for the UK for Nirav Modi's extradition case hearing
CBI team to leave for the UK for Nirav Modi's extradition case hearing
CBI will be sending a team to London for Nirav Modi’s extradition case hearing on March 29. The CBI team will be assisting the local authorities in the extradition case. According to media reports, a Joint-Director level officer has been deputed to leave for London on Wednesday with all the necessary documents.
Also Read: PNB scam: CBI seeks details of nostro transactions from 5 banks
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CBI team to leave for the UK for Nirav Modi's extradition case hearing[/caption]
The fugitive is one of the main accused in the Punjab National Bank Fraud case. It is related to the fraudulent letter of undertaking worth ₹14,356.84 crore (US$ 2.1 billion) issued by the Punjab National Bank. Nirav Modi and his family absconded in early 2018, days before the news of the scam broke in India.
Also Read: PNB Fraud: CBI seals residence of Nirav Modi's wife
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CBI team to leave for the UK for Nirav Modi's extradition case hearing[/caption]
Recently, Nirav Modi made headlines after the news of him living in London broke out. He is currently living in London. According to media reports, he has started a new line of business in Soho. Meanwhile, in India, the Enforcement Directorate has begun attaching assets like his art collection, a bungalow in Alibagh in Mumbai. It is seeking to immediate confiscation under the Fugitive Economic Offenders Ordinance.
- PTC NEWS
