Highlights

  • Nirav Modi is accused in the $2 billion PNB scam
  • The Interpol had issued a Red Corner Notice for Subhash Shankar on the request of CBI

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Key Nirav Modi aide extradited from Cairo

The Interpol had issued the Red Corner Notice (RCN) for Subhash Shankar 4 years ago

Key Nirav Modi aide extradited from Cairo

In the latest news in the $2 billion PNB scam, the Central Bureau of Investigation has brought back Nirav Modi's close associate Subhash Shankar.

The CBI in a major operation following a four year old Red Corner Notice have got absconding diamantaire Nirav Modi's known aide Subhash Shankar who was in Cairo.

Also read/watch| Top 5 headlines the market is reading

In 2018, the Interpol had issued a Red Corner Notice against Nirav, his brother Nishal Modi and his employee Subhash Parab on the request of the CBI.

In a Red Corner Notice, the Interpol asks its 192 member countries to arrest or detain the person if spotted in their countries after which extradition or deportation proceedings can begin.

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