Interpol seeks arrest of Indian billionaire jeweler Nirav Modi
NEW DELHI: Interpol has issued a red notice request to find and arrest fugitive Indian billionaire jeweler Nirav Modi, who is at the heart of a $2 billion-plus bank fraud case, the international agency said on its website.
Federal police last month asked Interpol to issue a red notice to locate Modi, who has been charged in relation to India’s biggest banking fraud.
A red notice is a “request to locate and provisionally arrest an individual pending extradition”, according to Interpol.
“Interpol cannot compel any member country to arrest an individual who is the subject of a red notice,” it says on its website. “Each member country decides for itself what legal value to give a red notice within their borders.”