India

Nirav Modi, Mehul Choksi, Vijay Mallya fled India as probe agencies did not arrest them at proper time: Court

Nirav Modi. [File Photo]

A Mumbai special court recently highlighted the failure of probe agencies to apprehend high-profile businessmen involved in multi-million dollar scams, such as Nirav Modi, Mehul Choksi, and Vijay Mallya, leading to their escape from the country.

Special judge M G Deshpande made these remarks during a hearing related to a plea filed by an accused under the Prevention of Money Laundering Act (PMLA), seeking modification in bail conditions.

The court, on May 29, granted the plea of Vyomesh Shah, an accused in a money laundering case, to remove the bail condition requiring prior permission to travel abroad. The Enforcement Directorate (ED) had opposed Shah’s request, citing concerns similar to those surrounding Nirav Modi, Vijay Mallya, and Mehul Choksi.

However, the judge dismissed the ED’s argument, emphasising that Shah had consistently appeared before the court, obtained bail, and made numerous requests to travel abroad. The judge distinguished Shah’s case from that of Modi, Mallya, and Choksi, asserting that Shah’s compliance with legal procedures set him apart.

Nirav Modi and Mehul Choksi are the main accused in the multi-crore PNB scam, with Modi serving a prison term in the UK and Choksi residing in Antigua.

Vijay Mallya, who is currently in the UK, faces allegations in a more than 900-crore loan fraud case under investigation by the ED and CBI.

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