The Central Bureau of Investigation (CBI) on Sunday visited the Mumbai offices of India’s top legal firm, Cyril Amarchand Mangaldas, to collect documents related to the Nirav Modi group.
“During raids on the Nirav Modi premises, we understood that certain documents belonging to the latter were with the law firm, which we collected from its offices,” a CBI official said
A Cyril Amarchand Mangaldas official declined to comment on the matter. Sources said the law firm fully cooperated with the probe agency.
Nirav Modi is the alleged lynchpin in the $1.8-billion banking fraud, India’s biggest to date, that has enmeshed Punjab National Bank (PNB). Officials of the agency alleged in a special CBI court recently that Nirav Modi and his group companies colluded with certain PNB officials to wrongfully cause a Rs 6,000-crore loss to the bank.