Highlights
- Supreme Court orders CBI and ED
- Nirav Modi’s relative asked to share information
Nirav Modi: The Supreme Court has asked the CBI and the ED to meet within a week and share material related to the disclosure and money transactions made by Mayank Mehta, a relative of fugitive diamantaire Nirav Modi. Nirav Modi is an accused in the Punjab National Bank (PNB) fraud case. Justice D.Y. Chandrachud and Justice Hima Kohli asked Mehta to share with the CBI whatever relevant information the probe agency has come across with regard to bank accounts.
given a week
The bench was hearing a CBI plea challenging the August 23 order of the Bombay High Court. In that order Mehta was allowed to travel to Hong Kong and stay there for three months. The court order said, “The Solicitor General of India has categorically stated that the Center will have no objection if any joint meeting is held between the investigating officers of CBI and ED within a week from today.” .
Bank details requested
The bench said that the CBI has raised the issue of non-disclosure of transactions in bank accounts. These include two transactions of USD 8.9 million and USD 1.8 million in an account in Singapore that were transferred by Nirav Modi’s father. The Supreme Court said that Mehta should share the information with the investigating agency after which he can be considered for allowing him to travel abroad. “These are just bank account details which you can give at any time. You want to travel abroad. Give details of accounts and you can go,” the bench said. He has been granted pardon. The bench passed the order on Tuesday. The next hearing in the matter will be on November 7