PNB Fraud: Centre Opposes Plea In Supreme Court For Special Investigation Team Probe
Centre opposed a plea which asked for an SIT probe into the Nirav Modi fraud case.
The Centre today opposed in the Supreme Court a public interest litigation seeking an independent probe and deportation of jeweller Nirav Modi in the over Rs 11,000 crore Punjab National Bank fraud case, saying that a first information report had already been lodged and a probe was on.
A bench comprising Chief Justice Dipak Misra and Justices AM Khanwilkar and DY Chandrachud said it was at present not "saying anything on the matter" and listed the PIL filed by lawyer Vineet Dhanda for further hearing on March 16.
Attorney General KK Venugopal, appearing for the Centre, said he was opposing the PIL on various grounds, including that an inquiry had started after the FIR was registered.
The PIL has made PNB, Reserve Bank of India and the ministries of finance and law and justice parties. It has sought a direction for initiation of deportation proceedings of Nirav Modi and others allegedly involved in the banking fraud, preferably within two months.
The plea has asked for a special investigation team to probe the banking fraud, allegedly involving billionaire jewellers Nirav Modi and Mehul Choksi.
It has also asked for a probe into the role of the top management of the PNB.
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