PNB fraud : Red corner notice issued against Nirav Modi
New Delhi, July 2 : Interpol has issued a red corner notice (RCN) against fugitive diamond jeweller Nirav Modi after the CBI requested this in connection with the Rs 13,500 crore fraud on Punjab National Bank (PNB), officials said here on Monday.
"Interpol has accepted our request to issue RCN against Nirav Modi, his brother Nishal Modi and an executive of his company Subhash Parab," a Central Bureau of Investigation official told IANS.
The official also said that the Interpol has put the charges of money laundering against the fugitive diamond jeweller, as levelled by Enforcement Directorate (ED).
According to agency officials, with the RCN issued against the three, now they can be arrested by any of the 192 member countries of the Interpol, after which extradition or deportation proceedings can begin.
The financial probe agency and the CBI had written to the Interpol to issue the RCN against the jeweller in June.
On June 11, the CBI first approached the Interpol to issue the RCN. On June 13, it again approached the Interpol to issue an RCN against Nishal Modi, a Belgian national, and Parab.
The CBI sent the request to the Interpol after it filed the first charge sheet naming Nirav Modi, Nishal and Parab beside 18 others in a special court in Mumbai on May 14.
The CBI filed three FIRs between January and March to probe the PNB fraud. Most of the accused are common to these cases. The fraud was committed during 2011-17 by illegally issuing Letters of Undertaking (LoUs) and Foreign Letters of Credit (FLCs).
In its first charge sheet, the CBI alleged that Nirav Modi, through his companies, siphoned off funds to the tune of Rs 6,498.20 crore using fraudulent LoUs issued from PNB's Brady House branch in Mumbai. Meanwhile, his uncle Mehul Choksi of the Gitanjali Group allegedly swindled Rs 7,080.86 crore.
Nirav Modi left the country along with his family in the first week of January, weeks before the scam was reported to the CBI.
His wife Ami, a US citizen, left on January 6 and Choksi on January 4.
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Congress holds ‘Jai Hind Tiranga Yatra’ in Bengaluru in support of armed forces
Bengaluru (PTI): A large crowd gathered at KR Circle in Bengaluru on Friday as the ruling Congress in Karnataka organised the ‘Jai Hind Tiranga Yatra’ to express solidarity with the Indian armed forces that carried out Operation Sindoor to avenge the Pahalgam terror attack.
The Indian tricolour fluttered at the venue amid loud chants of ‘Jai Hind-Jai Bharat-Jai Tiranga’, ‘Bharat Zindabad’ (Long Live India), ‘Bharat Mata Ki Jai’ (Victory to India), and ‘Our soldiers are our pride’.
Chief Minister Siddaramaiah, his deputy D K Shivakumar, and several senior ministers participated in the march, which began at KR Circle and concluded at M Chinnaswamy Stadium.
Shivakumar said the event was organised to express solidarity with the soldiers guarding India’s borders.
The Congress state president appealed to the public to join the march wholeheartedly as a mark of respect for the defence forces.
Speaking to reporters later, Shivakumar said the Congress organised the ‘Jai Hind Tiranga Yatra’, and people from all walks of life—including students, government employees, and members of various organisations and institutions—were invited to take part.
"Soldiers are our national pride. We want to salute them. We stand in solidarity with them to convey that the entire country is behind them," he said, expressing happiness over the huge turnout despite the short notice.
