Non-bailable warrants against Nirav Modi

A special court on Saturday issued non-bailable warrants (NBWs) against diamond traders Nirav Modi and Mehul Choksi in the alleged Rs 12,700-crore Punjab National Bank scam.

The court, set up under the Prevention of Money Laundering Act, issued the NBWs on applications filed by the Enforcement Directorate (ED), one of the agencies probing the bank fraud cases registered last month.

The court also allowed the ED’s application seeking Letters of Rogatory (LR) to seven countries — Malaysia, Armenia, France, China, Japan, Russia and Belgium — in connection with the case.

The ED had earlier issued summonses to Modi and Choksi, both key accused in the scam cases, asking them to appear before the central agency.