PNB scam: ED moves Mumbai court for non-bailable warrant against Nirav Modi

he Enforcement Directorate (ED) on Tuesday moved a special court in Mumbai, seeking issuance of a non-bailable warrant (NBW) against diamond trader Nirav Modi

PTI February 27, 2018 21:59:34 IST
PNB scam: ED moves Mumbai court for non-bailable warrant against Nirav Modi

Mumbai: The Enforcement Directorate (ED) on Tuesday moved a special court in Mumbai, seeking issuance of a non-bailable warrant (NBW) against diamond trader Nirav Modi, a key accused in the over Rs 11,000-crore PNB fraud case.

PNB scam ED moves Mumbai court for nonbailable warrant against Nirav Modi

File image of Nirav Modi. Image courtesy: Facebook image

On Monday, the court, set up under the Prevention of Money Laundering Act, had allowed the central agency's plea seeking issuance of Letters Rogatory (LRs) to six countries for obtaining information about the overseas businesses and assets of the diamantaire.

Special PMLA Court Judge MS Azmi heard the arguments of ED's special counsel Hiten Venegoankar on the agency's plea seeking issuance of the NBW against Nirav Modi, who is believed to be in the US.

The judge will hear on Wednesday Modi's lawyer Ashul Agarwal on the issue of his locus standi to address the court in the absence of his client.

Venegoankar told the court that the ED registered a case against Nirav Modi on 15 February and from that time issued three summonses to him to appear before the agency.

He said the summonses were issued on 15 February, 17 February and 22 February, asking him to appear before the ED.

The ED lawyer said Nirav Modi did not appear before the agency for questioning and hence it has sought issuance of an NBW was against him.

Venegoankar said the first summons was issued to the billionaire jeweller on his last known address and his employee received it. The other two were issued via e-mail.

He said the agency received replies from Nirav Modi for two summonses.

In response to the second summons, Nirav Modi said he cannot appear before the agency owing to his business commitments. In reply to the third summons, the businessman raised the issue of his security, the ED counsel said.

"He has violated all the three summonses," Venegoankar told the court and requested the court to issue an open-ended NBW against Nirav Modi.

However, Nirav Modi's advocate Agarwal told the court he should be heard before any decision is taken on issuing the NBW as it involved fundamental rights of his client.

Meanwhile, the agency filed an application seeking LRs to seven more countries - Malaysia, Armenia, France, China, Japan, Russia and Belgium - in connection with the case.

On 31 January, the CBI had registered an FIR against Nirav Modi, his companies, and diamond jeweller Mehul Choksi in connection with the PNB fraud.

Updated Date:

also read

Billie Eilish, BTS, Ed Sheeran, Coldplay to perform at Global Citizen Live
Entertainment

Billie Eilish, BTS, Ed Sheeran, Coldplay to perform at Global Citizen Live

Global Citizen Live on Saturday will be a round-the-world event (including Mumbai) to raise awareness on climate change, vaccine equality, and famine.

Mumaith Khan appears before ED in Hyderabad money laundering probe
Entertainment

Mumaith Khan appears before ED in Hyderabad money laundering probe

Mumaith Khan is the eighth person from the Telugu film industry to appear before the Enforcement Directorate, which has summoned over 10 personalities so far in the money laundering probe linked to the 2017 Hyderabad drugs racket case.

Telugu actor P Navdeep appears before ED for money laundering probe
Entertainment

Telugu actor P Navdeep appears before ED for money laundering probe

P Navdeep is the latest among the 10 Tollywood personalities questioned as part of a money laundering probe in connection with a high-end drugs racket that was busted in Hyderabad in 2017.