MUMBAI: Fugitive diamantine Nirav Modi, a key accused in the USD 2 billion PNB fraud case, cannot return to India as he is afraid of “getting lynched” and is being compared to demon ‘Ravan’, his lawyer told a special court here, but the ED dismissed the claim saying if he felt there were “security threats”, he should have filed a police complaint.
Nirav Modi’s lawyer Vijay Agarwal stated this while arguing before Prevention of Money Laundering Act (PMLA) court Judge MS Azmi against the Enforcement Directorate’s (ED) application to declare Modi a fugitive under the Fugitive Economic Offenders Act.
Countering the ED plea, Nirav Modi also said through his lawyer that he had no record or data with him about his finances.
Referring to Nirav Modi’s claims of “security threats” in India, the ED said these points are “irrelevant” to the case. The ED has claimed that Nirav Modi had refused to join the probe despite acknowledging mails and summons issued to him and that he doesn’t want to return to India.
Agarwal, however, said the diamond trader had responded to the emails sent by the investigating agencies and expressed his inability to return due to “security threats”.
“In a letter addressed to both the CBI and the ED, Modi had stated that he was not able to join the probe because of security threats (in India) from private persons, the families of those who have been detained (in the PNB case), landlords, the creditors who have not been paid and the customers whose jewellery was taken away by the ED,” he said.
“My (Modi’s) 50-ft tall effigy was burnt in India. There was evidence of a mob lynching (against me) and I (Modi) was being compared with ‘Ravan’. I have been projected as evil and being made the poster boy of the bank fraud,” said Agarwal.
He also claimed that Modi cannot be declared a fugitive as various legal requirements stipulated by the Fugitive Economic Offenders (FEO) Act have not been met by the investigating agency. PTI
