New Delhi, Aug 31: The Central Bureau of Investigation, which is among the agencies probing the loan fraud case involving the Punjab National Bank (PNB), reached out to the authorities in Belgium seeking the extradition of Neeshal Modi, brother of Nirav Modi.

Neeshal was closely involved in the operations of Firestar International, one of the flagship firms of Nirav in whose name the fraudulent Letter of Undertakings (LoUs) were issued by the PNB.

Along with Neeshal, the authorities have also reached out to their counterparts in Egypt, seeking the extradition of Subhas Parab, a close aide of Neeshal was heading the operations of Firestar International.

Both the accused have been booked under the relevant provisions of the Prevention of Corruption Act, along with the IPC sections related to criminal conspiracy, criminal breach of trust, cheating and dishonesty.

A CBI officer privy to the investigations said Neeshal and Parab were not only linked to Firestar, but were "aware of the wrongdoings" and facilitated the fraud.

Neeshal has been summoned by a Special Court in Mumbai designated under the Fugitive Economic Offenders Act. He has been asked to answer the summon before 11am, September 25. If he fails to appear, the court will order the confiscation of his assets.

Meanwhile, the authorities are also pursuing the extradition of fugitive diamantaire Nirav Modi, the prime accused in the loan-fraud case amounting to the tune of Rs 13,800 crores. Nirav, who is currently in London, may face provisional arrest based upon the red corner notice issued against him by the Interpol.

(The above story first appeared on LatestLY on Aug 31, 2018 05:17 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).