In a major development in the PNB scam case, Subhash Shankar Parab, a close aide of fugitive diamantaire Nirav Modi, was brought back to Mumbai from Cairo city of Egypt by the Central Bureau of Investigation (CBI) team on Tuesday morning, reported news agency ANI.
Subhash Shankar Parab is a key accused in the PNB bank fraud case.
Subhash Shankar, who is close aide of Nirav Modi has been brought to Mumbai by CBI team from Cairo city of Egypt, in connection with the multi-crore Punjab National Bank (PNB) scam worth Rs 13,578 crores, CBI sources told news agency ANI.
According to the officials, he was absconding ever since the case involving diamantaire Nirav Modi and his uncle Mehul Choksi came to light.
In 2018, Interpol issued a red corner notice against Nirav, his brother Nishal Modi and his employee Subhash Shankar at the request of the CBI in connection with the multi-crore Punjab National Bank (PNB) scam.
In December 2021, Parliament was informed that 33 accused in bank fraud cases registered by the Central Bureau of Investigation (CBI) fled the country in the last five years.
(With inputs from Agencies)
