Nehal Modi Arrested in US; India Seeks Extradition in ₹13,000 Cr PNB Scam New Delhi / Washington D.C., July 5, 2025 – Nehal Modi , brother...
Nehal Modi Arrested in US; India Seeks Extradition in ₹13,000 Cr PNB Scam
New Delhi / Washington D.C., July 5, 2025 – Nehal Modi, brother of fugitive diamantaire Nirav Modi, has been arrested in the United States in connection with the massive Punjab National Bank (PNB) fraud. The U.S. authorities took him into custody on July 4, responding to an extradition request filed by Indian agencies—the ED and CBI—and the Central Government .
Charges & Legal Proceedings
According to the U.S. Department of Justice:- Nehal, a Belgian national, faces charges including money laundering under the PMLA, criminal conspiracy, and destruction of evidence.
- He was arrested on July 4, and U.S. court proceedings are now underway, with a probable extradition hearing scheduled on July 17.
Scale of the Scam
This case is linked to one of India’s largest financial scams—allegedly defrauding PNB of approximately ₹13,000 crore (around $1.6 billion). Nehal is accused of playing a key role in siphoning funds and covering tracks alongside Nirav Modi and their uncle, Mehul Choksi.
Nehal Modi: Background
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A Belgian citizen, Nehal is wanted by Indian authorities under multiple criminal charges, including money laundering and evidence tampering.
Interpol had issued a Red Corner Notice against him, and he has been evading Indian law enforcement since the PNB scandal broke in 2018.
Implications of the Arrest
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Strengthened Extradition Cooperation
The swift action by U.S. authorities underscores growing international collaboration—with Indian extradition requests having increasing traction abroad. -
Building a Stronger Case Against Nirav Modi
Nehal's arrest may pave the way for key witness testimony and documentary evidence. Both brothers are central figures in the crackdown on the PNB fraud network. Accelerating Legal Closure in India
With Nirav in UK custody and extradition in progress, Nehal’s arrest brings New Delhi closer to unraveling the full financial web behind the ₹13,000 crore scam.
What’s Next?
US Extradition Hearing: Nehal’s first hearing is expected on July 17. Indian authorities will seek his transfer to face trial in India.
Indian Legal Strategy: The ED and CBI will likely consolidate charges, tying Nehal firmly to financial conduits and asset diversion.
Cross-Jurisdiction Asset Tracking: Alongside extradition, efforts will intensify to recover properties and funds linked to the Modi–Choksi nexus globally.
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