New Delhi: A special court for the Prevention of Money Laundering (Act) on Tuesday quashed all warrants issued against the fugitive economic offender. Nirav ModiK’s brother-in-law.
Mainak Mehta – a British national – is the husband of Nirav’s sister Purvi Mehta. They both had become government witnesses in the case and had agreed to appear as prosecution witnesses.
Mehta appeared in a special PMLA court this morning in a money laundering case against Nirav Modi and others.
The court directed him to furnish a cash bond of Rs 50,000 as bail and quashed all warrants issued against him.
The court had issued a non-bailable warrant against the couple in 2018. A Red Corner Notice was also issued against Purvi by Interpol.
In February, the Mehta family had filed separate petitions seeking cancellation of the warrants.
In April, the court had said that the non-bailable warrant issued against the couple would be kept in abeyance till further orders.
He had filed the petition a month after the same court allowed him to testify and testify as a prosecution witness against Modi in money laundering cases filed by the Enforcement Directorate (ED).
The court granted clemency to the couple while allowing their separate applications to be declared permissible.
Nirav Modi is the main accused in the Punjab National Bank scam. Purvi was made an accused in the money laundering case filed by the ED.
The agency had alleged that many of the attached properties of Purvi were acquired or acquired by Nirav in the name of his sister and several companies had shown him as the owner.
Mainak Mehta – a British national – is the husband of Nirav’s sister Purvi Mehta. They both had become government witnesses in the case and had agreed to appear as prosecution witnesses.
Mehta appeared in a special PMLA court this morning in a money laundering case against Nirav Modi and others.
The court directed him to furnish a cash bond of Rs 50,000 as bail and quashed all warrants issued against him.
The court had issued a non-bailable warrant against the couple in 2018. A Red Corner Notice was also issued against Purvi by Interpol.
In February, the Mehta family had filed separate petitions seeking cancellation of the warrants.
In April, the court had said that the non-bailable warrant issued against the couple would be kept in abeyance till further orders.
He had filed the petition a month after the same court allowed him to testify and testify as a prosecution witness against Modi in money laundering cases filed by the Enforcement Directorate (ED).
The court granted clemency to the couple while allowing their separate applications to be declared permissible.
Nirav Modi is the main accused in the Punjab National Bank scam. Purvi was made an accused in the money laundering case filed by the ED.
The agency had alleged that many of the attached properties of Purvi were acquired or acquired by Nirav in the name of his sister and several companies had shown him as the owner.
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