It is alleged that Ms. Purvi helped her brother launder the funds generated through the scam.
The Interpol has issued a Red Notice against Purvi Modi, sister of absconding billionaire Nirav Modi, in connection with the ₹ 13,578-crore Punjab National Bank (PNB) fraud case.
It is alleged that Ms. Purvi helped her brother launder the funds generated through the scam. The transactions, made through some entities in Singapore and Hong Kong, are under the scanner.
On the Enforcement Directorate’s request, the Interpol had issued a Red Notice against Modi’s close confidant Mihir Bhansali, who oversaw his U.S. operations and was also allegedly instrumental in setting up dummy firms for money laundering.
Interpol Red Notices have so far been issued against five persons wanted for their involvement in the scam, including Nirav Modi and his brother Neeshal Modi.
