New Delhi:A Central Bureau of Investigation (CBI) special court in Mumbai on Sunday issued non-bailable warrants (NBWs) against jeweller Nirav Modi and Gitanjali Gems promoter Mehul Choksi in the Rs12,636 crore Punjab National Bank (PNB) fraud case.
While Khan, who retired from his post at the RBI in 2016, did not make any statement, reports quoting sources said the CBI was inquiring into the background of the 80:20 scheme - why it was relaxed and on what basis trading houses were chosen to import gold.
The Enforcement Directorate is set to file a chargesheet against Nirav Modi and Mehul Choksi in the PNB fraud case.
The Ministry of External Affairs, in its written response to a specific query in Lok Sabha, said Nirav Modi is in Hong Kong. However, Modi and his associates fled the country before the notices were issued.
The agency is understood to have sent the request to the CBI for taking it up with the Interpol headquarters in Lyon, France. A provisional arrest is made when a formal extradition request is pending.
Last month, a PMLA court had also issued non-bailable warrants against the two.
PNB MD Sunil Mehta has said the worst is now over for the bank, and that it will be out of the mess in six months. The court had also allowed the investigative agencies to issue Letter of Rogatory (LR) to seven countries - Malaysia, Armenia, France, China, Japan, Russia and Belgium - seeking information on the possible presence of Modi, Choksi or their kin on their soils. Both are accused on charges of money laundering (under the Prevention of Money Laundering Act) in alleged connivance with some employees of PNB.