Exposed!! Nirav Modi’s Sister Purvi Modi A Big Fish in PNB Scam; Interpol issues RCN Arrest Warrant against her!!
In a bid to counter fugitive Diamond King Nirav Modi who is absconding in the USD 2 billion PNB money laundering scam, the Interpol has learned that Nirav’s sister too; has played a key role in the scam. Hence the Interpol has issued a Red Corner Notice (RCN) against his sister Purvi Deepak Modi. It may be noted that the ED (Enforcement Directorate) has also reminded Interpol to issue a similar Red Corner Notice against another fugitive jeweler Mehul Choksi!
According to ED Nirav Modi’s sister, Purvi is the big fish in the scam as she is the right hand of Nirav Modi. Purvi, who speaks English, Gujarati, and Hindi is a Belgian national. According to investigations, a Major chunk of the profits generated from the PNB scam went particularly to his sister Purvi Modi and a little chunk to his other family members. In its charge sheet, ED has mentioned about a deal done by Purvi Modi’s Dubai-based firm that bought diamonds from some fake companies of Nirav Modi in Dubai but didn’t make any payment for the transactions.
The ED has also investigated that Purvi Modi is the director of many investment companies and Trust which are exclusively designed to assist in the black-money business of money laundering. These companies are spread across several top countries around the globe like UAE, British Virgin Islands, Barbados, Mauritius, Switzerland, Singapore, and Hong Kong. In addition, the ED claims several foreign companies / Trust in Purvi Modi’s name are bogus like Montecristo Trust, Ithaca Trust, New Zealand Trust.
“These companies/ trusts are just an eye-wash to deceive the police about the illegal source of money in these companies,” informed an ED official. An official of the ED told media, “Purvi Modi was first charge-sheeted in the defrauding crime at the Brady House branch of the Punjab National Bank in Mumbai.”
The ED is thus seeking Purvi Modi’s arrest as she is on run and not obeying the summons by ED.
Besides Purvi Modi, Interpol has issued a similar RCN against Mihir R Bhansali, a loyalist of Nirav Modi and senior executive of Modi. The ED has unearthed that Nirav Modi was not only in Fund transfer but did many illegal crimes like the rotation of goods, melting of metal, dismantling of jewelry and low-quality jewelry production with high-value declarations etc.
It may be noted that Red Corner Notice (RCN) is an international arrest warrant, which helps Indian agencies to probe the accused. The Interpol through its RCN orders 192 member countries to arrest or detain the person spotted in their countries after which extradition or deportation proceedings can begin. –Written and Edited By Mansoor Khan
