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Nehal Modi Held in US Under India’s Extradition Bid

He is set to appear in a US court on July 17 for an extradition hearing where prosecutors intend to oppose his bail request.

Nirav Modi’s Brother Nehal Modi Arrested in US in Rs 13,000 Cr PNB Scam Case | Image: X
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Nirav Modi's brother Nehal Modi has been arrested in the US on extradition request from India

Overview

  • Nehal Modi was arrested by US authorities on July 4 under a Red Corner Notice issued by Interpol at India’s request on charges of money laundering and criminal conspiracy in the Rs 13,000 crore PNB fraud.
  • A US prosecution complaint cites violations of Section 3 of the PMLA and Sections 120-B and 201 of the IPC, accusing him of laundering proceeds through shell companies and conspiring to destroy evidence.
  • Investigations by India’s Enforcement Directorate and CBI allege that he facilitated concealment and transfer of illicit funds for his fugitive brother Nirav Modi via overseas transactions.
  • His extradition hearing is scheduled for July 17, when he is expected to apply for bail and US prosecutors have signaled they will oppose the request.
  • With Nirav Modi held in the UK and Mehul Choksi in Belgium, his detention underscores ongoing global cooperation under bilateral treaties and Interpol mechanisms in the PNB scam probe.