Mumbai: A special court on Friday issued a non-bailable warrant (NBW) against the wife of fugitive diamond merchant Nirav Modi, a key accused in the USD 2 billion Punjab National Bank (PNB) fraud case.
The warrant against Ami Modi was issued by Special Prevention of Money Laundering Act Judge after he took cognisance of the supplementary chargesheet filed by the Enforcement Directorate against Nirav Modi (48).
The financial crime probe agency has alleged that Ami Modi used an international bank account to move USD 30 million, suspected to be proceeds of the scam. The funds were used to buy property located in New York’s Central Park, the ED has said.
It is understood that the ED has underlined the role of Ami Modi and funds routed by her in the supplementary chargesheet. According to a UK media report last week, Nirav Modi is currently living in a three-bedroom flat occupying half of the floor of the landmark Centre Point tower block in London, where rent is estimated to cost 17,000 pounds a month. The whereabouts of his wife are unknown.