New Delhi: Interpol has issued a Red Corner Notice (RCN) against Mihir R Bhansali, an executive of absconding billionaire jeweller Nirav Modi, in connection with the alleged $2 billion PNB money laundering case, officials said on Thursday.
The notice, which acts as an international arrest warrant, mentions that 40-year-old Bhansali is required on charges of 'money laundering.' The notice against Bhansali, CEO of Nirav Modi's jewellery firm Firestar International, was requested by the Enforcement Directorate (ED).
The ED wants him in order to take its investigation in the case forward, officials added.
The ED had told the global police body that Bhansali was 'likely' to travel to the US, the UK, Hong Kong, China or the UAE.
The Interpol asks its 192 member countries to arrest or detain the person if spotted in their countries after which extradition or deportation proceedings can begin.
A similar Interpol notice was issued against Nirav Modi sometime back.
Bhansali is said to be operating from the US as part of the overseas operations of Firestar International.
The case pertains to cheating the state-run Punjab National Bank through fraudulent issuance of letters of undertaking and foreign letters of credit worth over $2 billion (about Rs 13,000 crore) by Nirav
Modi and his uncle Mehul Choksi, both on the run since the first week of January.
