PNB Scam: Nirav Modi Associate Sandeep Mistry Arrested After Extradition from Dubai
Nirav Modi associate Sandeep Mistry has been arrested by the CBI after being extradited from the UAE in connection with the PNB fraud case. A Mumbai court has remanded him to judicial custody until October 6.
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New Delhi:The Central Bureau of Investigation (CBI) has arrested Sandeep Mistry, an associate of fugitive businessman Nirav Modi, after his extradition from the United Arab Emirates, officials said on Tuesday.
According to officials, Mistry was brought to India from the UAE and taken into CBI custody in connection with the Punjab National Bank (PNB) fraud case.
Mistry Sent to Judicial Custody
After his arrest, Sandeep Mistry was produced before a Mumbai court. The court remanded him to judicial custody until October 6.
The CBI is investigating Mistry's alleged role in the PNB fraud case and is examining his links to the wider case involving Nirav Modi.
Extradited from UAE
Officials said Mistry was extradited from the UAE and brought back to India before being taken into custody by the central agency.
Nirav Modi is a key accused in the PNB fraud case and has been living outside India while legal proceedings related to the case continue.
Investigation by CBI continues The CBI is expected to investigate Mistry's alleged involvement in the financial fraud and his connections with other people named in the case.
Further details of the investigation and circumstances of his extradition are awaited.
Written by
Mrinal Parashar
Editorial Team Lead
Editorial Team Lead at Mumbai Weekly, overseeing the publication's editorial operations, content quality, and publishing standards across startups, financial markets, technology, AI, and national economic policy.
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