PNB fraud: ED attaches Nirav’s sister’s bank account
New Delhi: The Enforcement Directorate on Thursday said it has attached a Swiss bank account with a balance of Rs 283 crore of fugitive businessman Nirav Modi’s sister Purvi Modi in its investigation into the Rs 13,500 crore Punjab National Bank fraud.
A senior ED official told IANS: “We have attached a Swiss bank account of Purvi with a balance of Rs 283.16 crore.”
The official said that Letters Rogatory (LR) had also been sent to the authorities of foreign jurisdictions to enforce the attachment order.
The ED action comes months after it filed a supplementary chargesheet against Nirav Modi’s wife Ami Modi, a US national, for being the beneficiary of alleged purchase of two apartments at Central Park in New York using $30 million of laundered money which her husband obtained fraudulently from PNB through Letters of Undertaking and Foreign Letters of Credit.
The chargesheet was filed on February 28. It is alleged that the amount was routed through Ami’s HSBC Bank accounts.