New Delhi: The Interpol has put out a Red Corner Notice against Ami Modi, wife of prime accused in the over $2 billion Punjab National Bank (PNB) fraud case Nirav Modi, on charges of money laundering.
Officials said the ‘red notice’ has been issued by the global police body on the request of the Enforcement Directorate (ED).
A Red corner Notice is a request to law enforcement worldwide to locate and provisionally arrest a person pending extradition, surrender, or similar legal action.
Interpol has issued a global arrest warrant against Ami Modi, wife of fugitive diamantaire #NiravModi, accused in PNB bank fraud case, on charges of money laundering. Red corner notice has been issued on the request of the Enforcement Directorate: Officials
— ANI (@ANI) August 25, 2020
Earlier in July, the ED had attached properties of diamantaire Nirav Modi worth Rs 329.66 crores under the Fugitive Economic Offenders Act, 2018 (FEOA).
“The confiscated properties are in form of four flats at the iconic building Samudra Mahal in Worli Mumbai, one seaside farmhouse and land in Alibaug, windmill in Jaisalmer, flat in London and residential flats in UAE, shares and bank deposits,” said the ED.
The Enforcement Directorate had filed an application on July 10 before the FEOA Special Court seeking a declaration of Nirav Modi as a Fugitive Economic Offender and confiscate his properties and the entities directly or indirectly belonging to him.
After giving the order to confiscate his properties, the FEOA Special Court directed the consortium to approach PMLA Special Court under Section 8(8) to claim the mortgaged/hypothecated and secured properties, which were attached by ED. On examination of the properties attached, it was found that properties worth Rs 1000 crore are prima facie covered under the mortgage.
