A London court on Monday issued an arrest warrant against Nirav Modi in response to Enforcement Directorate’s request for his extradition in a money laundering case. Nirav Modi, who was last spotted in London on March 8, is expected to be produced before the court on March 25. India has been following the extradition case with the UK government.
Ministry of External Affairs spokesperson Raveesh Kumar on March 9 had said, “The government will do everything that is necessary to bring him back. We have been aware of his presence in the UK. Ever since we submitted the extradition request to the UK, the matter is under consideration of the British government.”
48-year-old Modi is accused of defrauding the Punjab National Bank (PNB) with over Rs 13,700 crore. The ED and the CBI are investigating Nirav Modi, his uncle Mehul Choksi and others for alleged money laundering and corruption to perpetrate the alleged scam in PNB’s Brady House branch in Mumbai that was unearthed in 2018. The Interpol has issued a Red Corner Notice (RCN) for his arrest after India’s request.