05
Jul
New Delhi/Washington (National Times): In a major development in the ongoing probe into the Rs 13,000 crore Punjab National Bank (PNB) fraud, Nehal Modi, brother of fugitive businessman Nirav Modi, has been arrested in the United States following an extradition request by Indian authorities. The arrest, confirmed by officials from India’s Enforcement Directorate (ED) and Central Bureau of Investigation (CBI), was carried out after U.S. law enforcement authorities accepted India’s formal request seeking his custody in connection with money laundering and conspiracy charges. Nehal Modi has long been accused of playing a key role in helping Nirav Modi escape India…