Purvi Modi pays 17 crores to Probe Agency: Turned an approver

From her London bank account, Nirav Modi’s sister pays ₹17.5 crores to the Enforcement Directorate. She turned an approver in the Punjab National Bank fraud case.

From her London bank account today, Nirav Modi’s sister pays ₹17.5 crores to the Enforcement Directorate. She turned an approver in the Punjab National Bank fraud case, says officials.

Purvi Modi who is Nirav Modi’s sister is a Belgian national while her husband Maiank Mehta is a British citizen.

She and her husband Maiank Mehta, in their ₹ 13,500 crore bank fraud were “granted pardon” after their applications were supported by probe agency on 4 January, according to officials. The were granted a pardon after she agreed to help the probe agency in their investigation.

In a statement by news agency PTI, the Enforcement Directorate agency said, “On June 24, Purvi Modi intimated Enforcement Directorate that she had received the knowledge of one bank account in London, United Kingdom, in her name, which was opened at the behest of her brother Nirav Modi and that the funds did not belong to her.”

The statement further added that Purvi Modi was allowed tender of pardon on conditions of making full and true disclosure. An amount of $23,16,889 was remitted from her UK bank account to the bank account of the government of India, Directorate of Enforcement.

Official added relating to the information in the case that she has to make full and true disclosures as per the conditions.

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