MUMBAI: A court here today issued an open-ended non-bailable warrant (NBW) against fugitive diamantaire Nirav Modi and others in cases related to the over USD 2 billion fraud at the Punjab National Bank (PNB).
Special judge for Prevention of Money Laundering Act (PMLA) cases M S Azmi ordered the issuance of the NBW against Modi and 12 other absconding accused, including Modi’s family members.
The Enforcement Directorate (ED) had moved the court for an open-ended NBW against them, saying the previous warrant could not be executed in time and it expired yesterday.
The court had issued the previous NBW on June 12 after taking cognisance of a chargesheet filed by the ED.
An “open-ended” warrant does not have an expiry date. (AGENCIES)
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