Nehal Modi brother of fugitive diamond trader and 13,600 crore Punjab National Bank (PNB) fraudster Nirav Modi has been issued Red Corner Notice (RCN) by the Interpol.
Nehal, a Belgium citizen is accused in connection with the PNB scam.
Earlier in 2019, the Enforcement Directorate (ED) had found evidence against Nehal in aiding his brother Nirav in the PNB scam. The ED had approached Interpol to issue RCN against Nehul Modi.
Interpol had also issued RCN against PNB fraud Nirav Modi, Purvi Modi Mehta (Nirav’s sister) and Mehul Choksi in 2018.
The ED has details against Nehal Modi laundering 50 kg gold from Nirav’s Dubai company and 150 boxes pearls from Hongkong.