Media Eye News Bureau: Nirav Modi has refused to join investigation into the PNB fraud in which he is included as one of the top accused.
The CBI stated that he declined to follow the agency’s directive to join the PNB fraud investigation, citing business commitments. CBI said a similar directive will be issued to Mehul Choksi, Modi’s maternal uncle and head of the Gitanjali Group who is also accused in the fraud as well.
CBI spokesperson Abhishek Dayal stated, “On the official email address of Nirav Modi, we had asked him to join the investigation; he replied that he has businesses here (location not known) and he won’t be able to join. We have written back to him today (Wednesday) directing him to immediately contact the high commission/embassy of the country where he is staying, so that he can be brought to India immediately. He has been told that it is mandatory for the accused to join the investigation and he has been asked to come next week.”
While Modi’s lawyer Vijay Aggarwal declined to comment, Choksi’s lawyer Sanjay Abbot stated that Choksi could not travel to India citing that “his passport had been revoked.”
Nirav Modi is accused of securing unauthorised letters of undertaking (LoUs) from Punjab National Bank (PNB) to raise credit from foreign branches of Indian banks.
