Business Standard

Delhi HC wants fugitive Nirav Modi to return India

IANS  |  New Delhi 

The on Wednesday directed the company Diamond to ask to return to the country.

The (ED) told a bench of Justices and that is a "fugitive from justice."

and told the court that is absconding and not joining the investigation and opposed the plea of Modi's firm Diamond seeking relief.

The court was hearing two pleas filed by Mehul Choksi's firm and billionaire Modi's firm Diamond challenging the apparently illegal seizure of documents and articles by the probe agency in money laundering cases related to the multi-crore rupee (PNB) scam.

The court directed the Diamonds's to ask to return to the country. Aggarwal responded that he is handling the matter related to company and he did not know Modi's whereabouts.

To which, the court said: "Oh, so you are blissfully unaware of all this."

The court expressed serious concern on Modi's statement that he will not submit to jurisdiction of Indian agencies or courts and said: "We are dealing with a fugitive here according to them (ED). A fugitive from justice stands on a different footing."

The court listed all the matters for hearing on May 3 asking ED to file its response to the pleas moved by and Diamonds against the agency proceedings.

has challenged certain provision of the Prevention of Money Laundering Act (PMLA) and called the ED's action as "absurd" and not in accordance with the object and purpose of the PMLA.

The firm has also claimed that there was no connection of its property with the supposed proceeds of the crime.

Last month, Diamond moved the court seeking that the seizure of movable properties of and depositing these with the PNB be quashed.

Diamond jeweller and his uncle have been accused of defrauding the PNB of Rs 12,600 crore, with Rs 1,300 crore being added to the fraud kitty on February 26.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, April 11 2018. 21:00 IST
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