New Delhi, Sep 10: The Interpol on Monday issued red notice against Purvi Deepak Modi, sister of prime accused and fugitive billionaire Nirav Modi in connection with Rs 13,500 Punjab National Bank fraud case.
Red notice acts as an international arrest warrant against the accused. The Interpol's move comes out on behest of Enforcement Directorate which is investigating money laundering case against Nirav Modi and his family members in PNB scam.
Purvi Deepak Modi, a Belgium national, allegedly helped her brother laundering the fund generated through this scam.
According to ED, Purvi Modi played a major role in laundering proceeds of crime from the PNB scam. "She is beneficiary of the scam to the tune of at least Rs 963 crore. She is owner or director of several shell companies formed solely for the purpose of laundering the proceeds of crime," an ED official said.
This is the third red notice against the accused of the PNB fraud. Earlier, red corner were issued against Nirav and his brother Neeshal in this case. (UNI)