PNB fraud : Red-corner notice against Modi, Choksi set to be issued by ED, CBI

Armed with a court order which issued a non-bailable warrant against Nirav Modi and Mehul Choksi the Central Bureau of Investigation and the Enforcement Directorate are now pushing for a red-corner notice.

The duo accused in the Rs 12,000 crore PNB fraud case are abroad and have refused to join the



investigation. ED and CBI sources informed  that the process of moving for a red-corner notice is underway. We will be getting in touch with the Interpol for the same, the source also added.

The red-corner notice will help the agencies locate the duo. This would also pave the way for an extradition process.