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PNB Scam: Court Issues FEO Notices to Nirav Modi's Brothers
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PNB Scam: Court Issues FEO Notices to Nirav Modi's Brothers; Assets at Risk
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News18
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05-03-2026, 20:30
PNB Scam: Court Issues FEO Notices to Nirav Modi's Brothers; Assets at Risk
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A special court issued notices to Nirav Modi's brothers, Neeshal and Nehal Modi, for FEO proceedings in the PNB scam.
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The Enforcement Directorate (ED) seeks to declare them 'fugitive economic offenders' (FEO).
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Once declared an FEO, their assets can be attached or confiscated by authorities.
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Nehal Modi is accused of helping Nirav move and hide large amounts of money; Neeshal Modi was involved in dummy companies.
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Senior executives Aditya Nanavati and Sandeep Mistry also received similar FEO notices.
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