Mihir Bhansali, a former executive at U.S. diamond companies owned by Nirav Modi, is contesting a subpoena in a Manhattan bankruptcy court. Bhansali argues that complying with the subpoena would violate his Fifth Amendment rights. Punjab National Bank, affected by Modi's alleged $2 billion fraud, seeks documents from Bhansali to determine claims against U.S. debtor companies implicated in the fraud. Bhansali is also wanted by Indian authorities for money laundering.
documents/EFTA00795844.pdf
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