Fugitive diamantaire Nirav Modi has cited the fear of “getting lynched” and his comparison to the demon Ravan as a reason for not returning to India, his lawyer told a special court on Saturday.
Dismissing the claims, the Enforcement Directorate stated that Modi should have filed a police complaint if he felt there were “security threats”.
Vijay Aggarwal, Nirav Modi’s lawyer was arguing before Prevention of Money Laundering Act (PMLA) court Judge MS Azmi against ED’s application to declare Modi a fugitive under the Fugitive Economic Offenders Act.
Through his lawyer, Modi also countered through his lawyer that he had no records of his finances with him.
However, ED has termed Modi’s claims of “security threats” in India as “irrelevant” to the case. It also added that Modi has refused to join the probe despite several mails and summons issued to him. ,ED believes he does not want to return to India.
Nirav Modi and his maternal uncle Mehul Choksi are now under the scanner after the state-owned Punjab National Bank (PNB) complained against their companies, saying it had committed a fraud of Rs 13,600 crore through fraudulent LoUs and Foreign Letters of Credit