Interpol diffusion notice against Nirav Modi, wife and others, Nirav Modi may be in NY
New Delhi, Feb 16 (IBNS): The INTERPOL (Interpol) has issued a diffusion notice against India's billionaire jewelry designer Nirav Modi, his wife Ami Modi, brother Nishal Modi and alleged partner Mehul Choksi, according to media reports on Friday.
The diffusion notice is a request for cooperation or alert mechanism, less formal than an actual Notice but is also used to request the arrest or location of an individual or additional information in relation to a police investigation.
A diffusion is circulated directly by a National Central Bureau (NCB) to the member countries of their choice, or to the entire Interpol membership and is simultaneously recorded in Interpol's Information System.
According to media reports on Friday, Modi, who is being investigated for the Punjab National Bank (PNB) scam in India, is currently in New York.
NDTV reported it has traced Nirav Modi to an upscale apartment in Midtown Manhattan.
Meanwhile, according to reports, CBI has registered an FIR against Gitanjali Group of companies of Mehul Chokshi based on a complaint from PNB
The Indian Express has reported that evidence has emerged of an additional Rs 3,000 crore exposure of 17 banks in the Nirav Modi case.
Sources told the media house that these banks lent about Rs 3,000 crore to various firms associated with Modi, including his flagship firm Firestar International Ltd. The list of banks includes, besides PNB, Central Bank of India, Dena Bank, Vijaya Bank, Bank of India, Syndicate Bank, Oriental Bank of Commerce, Union Bank of India and IDBI Bank and Allahabad Bank.
On Thursday, Union Minister Ravi Shankar Prasad said no person will be spared who will be found guilty in the alleged PNB scam.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.