A little heads up on the how soon Nirav Modi & co can be brought to justice.

AP Singh, former CBI director on the PNB fraud says, "Following the money trail is very difficult especially if it goes overseas as you have multiple transactions and for each transaction you have to send a letter rogatory, it can take months and even years. It is not always necessary that just because Interpol has issued a notice that person will be extradited. He can be detained or stopped but rest is up to laws in that particular country.

The Central Bureau of Investigation on Friday registered a fresh FIR against the Gitanjali Group promoted by Mehul Choksi, uncle of billionaire jeweller Nirav Modi, following a complaint from Punjab National Bank, and also approached the Interpol to locate them.

Officials said the fresh FIR was based on a complaint from the PNB dated February 13. According to it, the alleged loss to PNB was over Rs 4,886 crore, they said.

The agency on Friday also carried out searches on the premises of the Gitanjali Group at 20 places in Mumbai, Pune, Surat, Jaipur, Hyderabad and Coimbatore.

The CBI approached the Interpol with a request for issuing Diffusion Notice which was aimed at locating an individual. "This (diffusion) is less formal than a notice but is also used to request the arrest or location of an individual or additional information in relation to a police investigation. A diffusion is circulated directly by an NCB (CBI in this case) to the member countries of their choice, or to the entire INTERPOL membership and is simultaneously recorded in Interpol's Information System," the website of Interpol says.


The CBI was confident about getting a location of Modi and his family by today, they said.