• Thursday, March 28, 2024

HEADLINE STORY

Interpol issues red notice for fugitive jeweller Nirav Modi

An Indian supporter of the Congress Party keeps his hand on the face of a cut out of billionaire jeweller Nirav Modi during a protest in New Delhi last February (Photo credit by: CHANDAN KHANNA/AFP/Getty Images)

By: Lauren Codling

INTERPOL has issued a red notice request to find and arrest fugitive Indian billionaire jeweller Nirav Modi, who is at the heart of a $2 billion-plus bank fraud case, the international agency said on its website. Federal police last month asked Interpol to issue a red notice to locate Modi, who has been charged in relation to India’s biggest banking fraud. The Financial Times, citing Indian and British officials, said last month that Modi had fled to Britain claiming political asylum. Government-backed Punjab National Bank (PUB) earlier this year said that two jewellery groups headed by Modi and his uncle,…

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