The Central Bureau of Investigation (CBI) has sealed the residence of Ami Modi, wife of Nirav Modi in Mumbai's Worli in connection with Punjab National Bank (PNB) fraud case involving her husband Nirav Modi.
The CBI sealed her residence after conducting a raid on February 3 and 4. According to agency reports, the CBI has seized over 95 documents, including bills and other important documents, related to Nirav Modi's company.
Ami, an American citizen, left India on January 6 while Nirav left on January 1, days before CBI issued a lookout circulars against all accused in the scam.
State-owned Punjab National Bank (PNB), India's second biggest lender on Wednesday told the Mumbai Stock Exchange that it has detected "fraudulent and unauthorised transactions" worth USD 1.77 million (approx).
The bank named Nirav Modi and a Jewellery company in two of its complaints filed to the Central Bureau of Investigation (CBI).
Modi, along with his wife Ami Modi, brother Nishal Modi and maternal uncle Mehul Choksi were booked by the CBI on January 31 for allegedly cheating PNB of over Rs 280 crore in 2017.
They were booked under sections of the IPC for criminal conspiracy and cheating and provisions of Prevention of Corruption Act.