New Delhi: Enforcement Directorate (ED) on Thursday said that Punjab National Bank sacm accused Nirav Modi’s sister Purvi Modi has remitted over Rs 17 crore from her bank account in the UK to the Indian government.
Officials in the ED said the development came after Purvi and her husband Maiank Mehta became approver and were allowed pardon from criminal proceedings in lieu of extending help in the PNB bank fraud case.
“On June 24, Purvi Modi intimated Enforcement Directorate that she had received the knowledge of one bank account in London, in her name, which was opened at the behest of her brother Nirav Modi and that the funds did not belong to her”, the ED said in statement.
It further added , “As Purvi Modi was allowed a tender of pardon on conditions of making full and true disclosure, she remitted an amount of USD 2316889.03 from her UK bank account to the bank account of the government of India, Directorate of Enforcement.”
The federal probe agency informed that with the cooperation of Purvi Modi the agency has been able to recover about Rs 17.25 crore (USD 2316889.03) from the proceeds of crime.
“In Nirav Modi case, in the two prosecution complaints filed by the ED on May 24, 2018 and February 28, 2019 before a special court under Prevention of Money laundering Act (PMLA) Purvi and Maiank were cited as accused,” the ED said.
Nirav Modi is presently lodged in a UK jail and has lost his extradition plea to India in connection with the alleged 11,400 crore PNB fraud in Mumbai..