The Serious Fraud Investigation Office (SFIO) is probing 107 companies and seven Limited Liability Partnerships linked to Nirav Modi and Mehul Choksi groups with regard to the nearly Rs 12,700 crore Punjab National Bank scam, the government said today.
A multi-agency probe is already underway into the fraud which was mainly perpetrated by way of fraudulent Letters of Undertaking (LoUs).
The probe agency comes under the corporate affairs ministry.
In a written reply, Jaitley, who is also the Corporate Affairs Minister, said the ministry has filed a petition against individuals, groups and their entities belonging to Nirav Modi and Mehul Choksi Groups before the Mumbai bench of the National Company Law Tribunal.
"... the tribunal has passed an injunction against all the respondents and other companies, LLPs, trusts and individuals from removal, transfer or disposal of funds, assets and properties of the individuals until further orders," he said.
The CBI has registered cases relating to the Punjab National Bank matter and has made several arrests.
"Letter of Request to 13 countries have been issued by the court seeking details of properties, bank accounts of companies etc. The Enforcement Directorate has moved the court for obtaining non-bailable warrants against accused persons. Further investigation is in progress," Jaitley said in the written reply.
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