A particular court docket in Mumbai has allowed Purvi Modi, sister of fugitive diamond service provider Nirav Modi, to change into an “approver” or a prosecution witness within the Punjab Nationwide Financial institution (PNB) rip-off case.
Particular decide for instances beneath the Prevention of Cash Laundering Act (PMLA) V C Barde on Monday accepted her plea for turning an approver. The order grew to become accessible on Tuesday.
The “place of the accused (Purvi Modi) on this case after tender of pardon is that she shall be marked as approver”, the court docket stated.
Purvi Modi, a Belgian nationwide, is an accused within the case registered by the Enforcement Directorate.
“The accused staying overseas presently shall be directed to current herself earlier than the court docket, for which objective the prosecution shall take crucial steps,” the court docket order stated.
In her software for pardon, Purvi Modi stated that she was not a primary accused and has been attributed solely a restricted function by the investigating company.
She has up to now absolutely co-operated with the ED by offering all requisite data and paperwork, she stated.
On account o fbeing Nirav Modi’s sister, she was in a novel place to supply “substantial and vital proof, data, proof, and paperwork and entry to financial institution accounts, belongings, firms and entities which might be related to Nirav Modi and his actions/dealings”, the plea stated.
As per the investigating company, Nirav Modi and his uncle Mehul Choksi, in connivance with sure financial institution officers, cheated PNB to the tune of Rs 14,000 crore by acquiring Letters of Endeavor (LoUs) fradulently.