Purvi Mehta, PNB scam accused Nirav Modi's sister, has approached the special Fugitive Economic Offenders (FEO) Act court seeking a direction to the Enforcement Directorate to intervene in the bankruptcy proceedings which are underway against him in the US.
Nirav Modi, the main accused in the Rs 13,000 crore Punjab National Bank (PNB) scam, was declared a Fugitive Economic Offender in December 2019. He is currently lodged in a UK prison.
In June 2020, the special court for Prevention of Money Laundering Act (PMLA) here ordered the confiscation of his properties which the ED claimed had been bought using proceedings of the crime.
Last month, Purvi Mehta approached the FEO Act court stating that she had been made a defendant in bankruptcy proceedings against her brother in a US court.
It means her properties are also being considered by the US court and its proceedings overlap with proceedings in India related to her, Purvi Mehta's plea said.
The ED should be directed to intervene in the case before the US court, and seek injunction at least with respect to assets concerning her, her application said.
Further, the PNB should be directed to communicate to the trustee of the US proceedings to refrain from continuing them to avoid "multiplicity of proceedings and possible double jeopardy", Mehta said. The ED told the FEO Act court here on Wednesday that it has already submitted relevant documents before the US court.
The Central agency said the applications for confiscation of Nirav Modi's properties including those belonging to Purvi Mehta and located in the US have been placed before the US court.
The hearing will continue before special FEO Act court judge V C Barde here.
Nirav Modi and his uncle Mehul Choksi, owners of prominent jewelry firms, are accused of cheating the PNB, a nationalized bank, of Rs 13,000 crore by fraudulently obtaining Letters of Undertaking which act as bank guarantee while taking loans in foreign countries.
Purvi Modi alias Purvi Mehta (47) and her husband Maiank Mehta were made approvers in the case in January 2021 on the condition of making full and true disclosure before the court.
UK Will Be Seen As Haven For Tax Evaders: S Jaishankar On Extradition Cases PNB Scam: Bank Seeks Release Of Nirav Modi's Property To Recover Dues Nirav Modi Claims He Has No Funds To Pay UK Court Fines Video: Man Sits On Firecracker In Bet For New Vehicle. Explosion Kills Him Charges Drawn Up In Kolkata Rape-Murder Case, Accused Says "Framed" "Cowardly Attempts To Intimidate Diplomats": PM's 1st Comments On Canada Row 3 Women Injured In Car Accident In North Delhi's Civil Lines VITEEE 2025: Registration Begins, Exams Start On April 21, Check Details Assam Police Rescue 19 Dogs, Arrest 4 In Crackdown On Illegal Smuggling Track Latest News Live on NDTV.com and get news updates from India and around the world.