Against Kin Of Nirav Modi

PND Scam: ED Seeks NBWs Against Kin Of Nirav Modi


On Friday. the Enforcement Directorate moved the special Prevention of Money Laundering Act court seeking cognisance of the charge sheet submitted in the Rs 6,500 crore money laundering case involving businessman Nirav Modi.

Special judge M S Azmi is likely to pronounce the order on Tuesday which says non-bailable warrants against Modi, his brother, father, sister and brother-in-law, among others.

Hiten Venegaonkar ED counsel told the court that 14 individuals and 15 companies have been named in the document submitted last month.

He said that three accused-PNB retired deputy manager Gokulnath Shetty, Modi-owned Firestar Diamonds vice-president Shyamsunder Wadhwa, and the authorised signatory for Nirav Modi’s firms, Hemant Bhatt-were currently in custody.