Nirav Modi along with wife and brother booked for Rs 280 cr cheating case

New Delhi, Feb 5
: The CBI today booked billionaire diamond merchant Nirav Modi, his brother and wife and a business partner for allegedly cheating Punjab National Bank of over Rs 280.70 crore crore during 2017, officials said. 

The CBI has acted on a complaint from the Punjab National Bank, which alleged that Modi, his brother Nishal, wife Ami and Mehul Chinubhai Choksi, all partners of Diamon R US, Solar Exports, Stellar Diamonds, were in conspiracy with officials of the bank and cheated it, causing "wrongful loss", the officials said. The response to an email seeking the company's comments is awaited.