India bags a Big Win in its battle against absconding scam-accused bigwigs, the International Criminal Police Organization (Interpol) has issued a Red Corner Notice against PNB-bank scam accused Nirav Modi.
The notice, which has been accessed by Republic TV, lists him as being a ‘fugitive wanted for prosecution’ and categorises him under ‘Economic Offender’. The specific charge that has been made against him is of ‘Money Laundering’.
The Red Corner Notice means that Interpol’s member countries have been urged to arrest or detain the accused and has been issued at the request of India’s CBI.
Red Corner Notice issued against Nirav Modi by Interpol in connection with PNB Scam Case.
— ANI (@ANI) July 2, 2018
It indeed took them long enough but have achieved it now. Now even if he comes back the amount of negative publicity that has been received by the PM Modi Government is irreversible! The RCN is expected to empower police agencies of 190 member-countries to locate and arrest Nirav Modi.
CBI has also sought a RCN against Nirav’s brother Nishal Modi, who was allegedly involved in the biggest banking fraud in the country’s history.
Nirav Modi along with his wife Ami, who is a US citizen, brother Nishal, a Belgian along with uncle Mehul Choksi, Gitanjali group’s promoter, had fled the country in January first week this year, before the PNB approached CBI with a complaint against his companies for allegedly cheating through fraudulent issuance of Letters of Undertakings (LoUs) and Foreign Letters of Credit (FLCs).
Source: Times of India