Special court sends show cause notice to Nirav Modi
A special court here has issued a public notice to fugitive diamond merchant Nirav Modi, wanted in India for alleged fraud and money laundering in the PNB scam case, asking why his properties should not be confiscated under the Fugitive Economic Offenders (FEO) Act.
Special Judge V C Barde has also asked Modi to appear before the court on June 11.
The court said if the accused failed to appear, it will proceed with action against him under the FEO Act.
The special court had in December 2019 declared Nirav Modi a fugitive economic offender, on a plea of the Enforcement Directorate (ED), which is conducting a probe into the case.
“I, V C Barde, Special Judge, PMLA, 2002 and Fugitive Economic Offenders Act, 2018, issue NOTICE to you to show cause as to why the properties mentioned in the application (ED’s plea), in which you have pecuniary interest and/or otherwise, should not be…