PNB scam: Letter Rogatory sent to seven countries
New Delhi, [India] Mar 14 (ANI): The Enforcement Directorate (ED) on Wednesday has sent Letters Rogatory (LR) to seven more countries where Nirav Modi and Mehul Choksi have businesses and properties in connection with their frauds.
ANI
Mar 14, 2018 23:56 IST
New Delhi, [India] Mar 14 (ANI): The Enforcement Directorate (ED) on Wednesday has sent Letters Rogatory (LR) to seven more countries where Nirav Modi and Mehul Choksi have businesses and properties in connection with their frauds.
The Punjab National Bank in February had detected a 1.77 billion-dollar fraud, wherein noted jewellery designer Nirav Modi had acquired multiple letters of undertaking to avail credit from a number of banks.
The billionaire businessman, who owns Firestarter Diamond International Private Limited, and Choksi have been accused of defrauding PNB of Rs 12,600 crore, including Rs 1,300 crore being added to the fraud kitty on February 26. (ANI)
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