Seeking the issuance of an NBW against Kothari, the central agency had moved a petition before the special designated court for PMLA cases after he repeatedly didn't appear before ED despite being served summons.
Responding to an emailed query at the time, a spokesperson to Kothari had said: "Prithviraj Kothari as director of RSBL has never been involved in any illegal activities as is being made out. Further, Kothari has always cooperated with the authorities as he has done no wrong whatsoever."
The spokesperson had further stated that the company at any stage was not involved in the alleged hawala scam.
An ED official had said: "In this case, the money was sent outside India in two months. Their modus operandi was to put forged documents of diamonds import in a private bank at Surat and later they used to send the money against it to Dubai, Singapore and Hong Kong."
According to the case details, the ED had, in its first charge sheet before the court, named 89 persons in connection with the scam, while in the second charge sheet, the agency had named Prithviraj Kothari as an accused.