India has requested the Hong Kong authorities to arrest the absconding jeweler Nirav Modi who is one of the prime suspects of the infamous state-run Punjab National Bank fraud amounting to $2 billion. As stated and suggested the government believes that the absconder is in Chinese territory.
The knowhow about Modi and the other accused person in this scam-his uncle Mehul Choksi are involved in the biggest banking fraud of the country involving the second largest lender of the state. Both of them have been absconding from the time an investigation was launched in the month of February by the Central Bureau of Investigation or CBI.
As declared by the Junior foreign minister of India VK Singh in the parliament on Thursday the Indian ministry has asked for an interim arrest of Nirav Deepak Modi by the government of the Hong Kong Special Administrative Region, People’s Republic of China.
Passports of both the accused Modi and Choksi have been revoked though they both left the country before the emergence of the scandal. As confirmed by Singh India made the request for Modi’s arrest to Hong Kong on March 23.