On Wednesday, the Central Bureau of Investigation (CBI) filed the second charge sheet in connection with the Punjab National Bank (PNB) fraud case. The charge sheet also named main accused Nirav Modi's uncle Mehul Choksi as 'wanted'.
In the 12000 page charge sheet, CBI charged 15 accused persons including three firms. They all are charged under sections 409, 420, 120B of the Indian Penal Code (IPC).
On May 15, CBI named three firms with 22 individuals in its first charge sheet. The CBI also framed charges under section 120B, read with Sections 409 and 420 of the Indian Penal Code (IPC) and relevant provisions of Prevention of Corruption (PC) Act, reports ANI.
According to the reports, the names in the charge sheet included Nirav Modi with his brother Nishal Modi, three companies Diamond R US, Solar Exports, Stellar Diamond. Whereas seven employees of these companies Hemant Bhat, Vipul Ambani, Arjun Patil, Kavita Mankikar, Miten Pandya, Manish Bosamiya, and Subhash Parab are also in the list. It also includes chartered accountant Sanjay Kumar Rambhia.
As per the charge sheet, Rs. 6498.20 crores amount of Letters Of Undertaking (LoUs) were issued for these three firms between 2011 to 2017.
Earlier, the PNB scam began in the year 2011 and was detected in the third week of January 2018. According to the reports, PNB detected the multi-crore scam. Wherein Diamantaire Nirav Modi and his uncle who is also his business partner Mehul Choksi had allegedly cheated the bank with Rs. 114 billion.
The ED had registered the money laundering case against Nirav Modi and others. This case is registered on the basis of a CBI FIR. Currently, the probe agencies are investigating in the matter and also have seized many properties of Nirav Modi and Mehul Choksi.