26 Aug 2020
The Interpol has put out a Red Corner Notice, or a global arrest, warrant against Ami Modi, the wife of fraud-accused diamond merchant Nirav Modi. The notice has been issued in connection with money laundering cases registered against her in India.
Ami Modi was last seen in the United States in 2019. Probe agencies are unsure of her current location. Nirav Modi has been jailed in the United Kingdom, where he is fighting extradition to India.
In February last year the Enforcement Directorate had named Ami Modi in a supplementary charge sheet for being the alleged beneficiary in the $30 million purchase of two apartments in New York City.
The apartments were part of Rs 637 crore in foreign properties of Nirav Modi seized in October, which included a flat in London worth Rs 56.97 crore.
Red Corner Notices have also been served against Nirav Modi, his brother Nehal (a Belgian citizen) and his sister Purvi.
Both Nirav Modi, 48, and his uncle, Mehul Choksi, 60, are accused in a scam involving fake guarantees in the name of state-run PNB to secure overseas loans.
In a chargesheet filed in May, the CBI (Central Bureau of Investigation) alleged that funds worth Rs 6,498.20 crore were siphoned off by Nirav Modi. A further Rs 7,080.86 crore were allegedly swindled by Mehul Choksi.
Both fled India in 2018, before the CBI began its inquiries.
By Arvind Gunasekar, NDTV, 25 August 2020
Read more at NDTV
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