Subhash Shankar Parab, a close aide of fugitive diamantaire Nirav Modi, was brought to India from Cairo on Tuesday morning and arrested by the Central Bureau of Investigation (CBI), people familiar with the development informed to Hindustan Times.
The 49-year-old, believed to be the right hand man of Nirav Modi and a senior director in the firms – Firestar Diamond International Ltd and Diamond R US – in Dubai, had played a key role in the ₹13,578-crore Punjab National Bank (PNB) scam. He fled to Cairo from Dubai in January 2018, around the time when Modi and his uncle Mehul Choksi fled India along with their families.
A senior CBI officer said Parab, who directly reported to Modi, was brought to Mumbai and put under arrest upon his arrival. He will be produced before a Mumbai court to be taken into custody.
