The Bombay High Court has allowed Maiank Mehta, the brother-in-law of fugitive diamantaire Nirav Modi who is an accused in the Punjab National Bank (PNB) fraud case, to travel to Hong Kong for three months.
The Bombay High Court Tuesday dismissed the CBI’s plea against the order of a special Prevention of Money Laundering Act ( PMLA) court, which permitted Mehta to travel to Hong Kong. However, after the CBI counsel sought from the high court to stay the operation of its order for four weeks to seek further relief, the single-judge bench of Justice Prakash D Naik stayed the same for two weeks. The detailed order will be made available later.
The CBI has said though Mehta has not been named as an accused in its case as yet, his role in the PNB Bank fraud case is to be ascertained and for that, they need his appearance for further interrogation. The agency had also said that Mehta has received large sums of the siphoned amount from PNB Bank fraud, which he transferred to his wife’s account and the same needs to be probed.