August 29, 2019 8:50 AM

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CBI seeks court permission to attach properties of Nirav Modi, brother

<span style="color: #222222;">The CBI has sought permission from a court in Mumbai to attach the properties of fugitive jeweller Nirav Modi, his brother Nishal and another accused in the over 2 billion dollar Punjab National Bank (PNB) scam. <br />''</span><br />'' <span style="color: #222222;">In the plea before special CBI judge VC Barde, the probe agency said, the accused had left the country before the case was registered, so the warrants against them could not be executed. <br />''</span><br />'' <span style="color: #222222;">The application stated that Nirav Modi was arrested in London and extradition process is pending, the where abouts of his brother Nishal and another accused, Subhash Parab, were not known. <br />''</span><br />'' <span style="color: #222222;">Nirav Modi and his uncle Mehul Choksi are the prime accused in the case which is related to alleged fraudulent issuance of Letters of Undertaking which caused a loss of over 2 billion dollars to the Punjab National Bank.</span><br />

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