PNB fraud case: Interpol issues red corner notice against Nirav Modi's brother
PNB fraud case: After its probe found that Nehal Modi intentionally assisted his brother in concealing the alleged laundering of money and destroying evidence, the ED filed a charge sheet against him before the special PMLA court in Mumbai and the court had issued two separate open ended non bailable warrants against him.
PNB fraud case: The agency said that the trust got the "tainted funds" to the tune of $30 million after extensive layering and two immovable properties were purchased in US from these funds. Image source: Reuters