Punjab Nationwide Financial institution fraud: CBI strikes extradition request in opposition to fugitive billionaire Nirav Modi’s brother Nishal
The request was despatched to the Residence Ministry on Friday. The Residence Minister will ship it to Belgium, the place Nishal Modi is believed to be holding up, by the Exterior Affairs Ministry, they stated.
Nishal Modi, a Belgian nationwide, is already going through an Interpol Purple Nook Discover issued on the request of the CBI, they stated.
India has an extradition treaty with Belgium, they stated.
It’s alleged that he created dummy companions and was beneficiary of funds siphoned off from Punjab Nationwide Financial institution, they stated.