The duo turning witnesses against Nirav bolsters the ED case against the diamantaire, who along with his uncle Mehul Choksi, defrauded Punjab National Bank (PNB) of Rs 13,000 crore through forged letters of undertaking, in connivance with the bank officials. They laundered the defrauded money abroad through large-scale fraudulent imports and exports of jewellery and diamonds.
Purvi, a Belgian national and Maiank, an Irish national, were named co-accused by the ED. The attached properties were acquired or generated from proceeds of crime by Nirav in the name of Purvi and several companies showing her as an owner.
ED officials are working on the modalities on their return to give evidence against Nirav in a city court. They have turned approvers, thus admitting to their culpability and not challenging the auction of properties or recovering the money in accounts, sources said.
A source said, “Once owner herself/himself handed over the assets to the government, it can be auctioned without any hurdle. Also, some countries have laws that say if the owner of the account gives consent to transfer the money from the account in those countries to any other account anywhere. The ED just needs to de-freeze those accounts for the process.”
Purvi and Maiank had recently filed application before a special court in Mumbai for allowing them to seek pardon under Sections 306 and 307 of the CrPC and undertook to make true and full disclosure of the circumstances and events without concealing any evidence and providing complete documents against Nirav.
The court has allowed for grant of tender of pardon. Purvi has also agreed to assist in realising and repatriating assets in India and abroad to the government of India. These assets were in her name or her companies’ names.
During the investigation, the ED found that Purvi has more than a dozen bank accounts and has ownership of various companies/trusts abroad. She, along with her husband, submitted before the adjudicating authority that all the companies, properties and accounts mentioned in ED’s chargesheet (except Pavillion Point Corporation) belong to Nirav.
She gave her willingness to offer all cooperation to repatriate the assets to India. The couple told officials that the funds channelised through their accounts belonged to Nirav.