After filing chargesheet against billionaire diamond merchant Nirav Modi in the Punjab National Bank fraud case, CBI is all set to approach Interpol for issuing Red Corner Notice against him.
In the chargesheet, Modi has been shown accused, absconding and the main conspirator behind the scam of over Rs 13500 crore.
“If a chargesheet is filed against an accused then a Red Corner Notice (RCN) can be issued against him. A chargesheet has been filed and a non-bailable warrant has been issued against him. We may start the process of issuing an RCN against him soon,” said a source.
A diffusion notice has already been issued against Nirav Nodi and Mehul Choksi.
According to sources in Enforcement Directorate, Modi is travelling on his third passport, reportedly issued by Singaporean authorities.
As per reports, Modi was in Hong Kong for a few days and later on, he used his Singaporean passport to avoid detection from authorities. He already holds an Indian and Belgium passports.
However, it is still not clear as to when his Singaporean passport was issued. Modi fled India two weeks before the CBI lodged an FIR against him.
The Red Corner Notice will allow member countries of Interpol to locate and arrest Modi in their respective countries.
The CBI, in its chargesheet said that Nirav Modi through his companies, siphoned-off funds to the tune of Rs 6,498.20 crore using 150 fraudulent LoUs issued from Punjab National Bank’s Brady House branch in Mumbai. india today
