Nirav Modi, the central figure in India’s biggest banking fraud, has snubbed CBI’s summons to return to India, telling the apex intelligence body that he was too busy with his business.
Modi has also not shared any information related to his location to CBI. Earlier, he was accused along with his uncle Mehul Choksi of defrauding the Punjab National Bank of Rs 12,600 crore, with Rs 1,300 crore being added to the fraud kitty two days back.
CBI had emailed the summons to Modi a few days ago, asking him to appear before it for questioning. Modi wrote back, “I have business to run here. Won’t be able to join.”
“It is mandatory for all the accused to join the probe,” CBI said and asked Modi to appear before it next week. CBI officials said they would have to trace him and use the extradition route to bring him to India. The agency may soon approach Interpol to issue a red corner notice against Modi and Mehul Choksi, sources said.
