Nirav Modi flees to Brussels from United Kingdom, possibly on a 'Singapore passport'

Marco Green
June 14, 2018

Fugitive jeweller Nirav Modi, the main accused in the Rs 13,600-crore PNB fraud is understood to have fled to Brussels on Tuesday or Wednesday, immediately after reports in media that he was in London seeking political asylum and that the Indian high commission was awaiting formal confirmation of his pressence from British government, the Times of India reported.

A diffusion notice is issued directly by an worldwide entity to the countries of their choice to take their help in identifying location, physical description, photograph and fingerprints of an accused wanted in offence with which he or she is charged. This notice is a mechanism through which location of an absconder is shared among member countries of the Interpol.

The official said the UK National Central Bureau (Interpol) had shared certain details of movements of the fugitives which have been shared with the investigating units and other sister agencies for further probe. The notice is issued through the Interpol, an global criminal police organization that facilitates worldwide police cooperation. For India, the CBI is the NCB.

India Today has an exclusive access to Interpol's reply to Indian agencies dated June 5 where it says that Nirav Modi left United Kingdom a month back and isn't in London anymore.

Investigating agencies, in a meeting scheduled for this week with External Affairs Ministry officials, are likely to take up the issue of how fugitive Nirav Modi had been travelling on an Indian passport even after the Ministry claimed to have revoked it in February.

Nirav Modi's three firms - Solar Exports, Stellar Diamonds and Diamonds R United States - which had fraudulently obtained Rs 6,498 crore through LoUs issued by the Mumbai's Brady House Branch of PNB were also named in the charge sheet.

While a non-bailable warrant cannot be issued on a Singapore passport, India can still obtained an Interpol notice on Nirav Modi.

In its chargesheets filed last month, 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. Choksi swindled Rs 7,080.86 crore, making it possibly the biggest banking scam in the country, it alleged. "It is surprising how he was allowed to use an Indian passport", said an official. The instructions for transferring funds were allegedly issued by a bank employee, Gokulnath Shetty, using an global messaging system for banking called SWIFT platform and without making their subsequent entries in the PNB's internal banking software, thus bypassing scrutiny in the bank, officials said.

Other reports by Click Lancashire

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