Investigators Focus on Foreign Properties Worth £10.47 Million of Indian Jeweller Nirav Modi India’s Enforcement Directorate (ED) is planning to attach foreign assets worth one billion rupees (£10.47 million) of absconding Indian jeweller, Nirav Modi (Photo: PUNIT PARANJPE/AFP/Getty Images).
Radhakrishna N S
India’s law enforcement and economic intelligence agency, Enforcement Directorate (ED) is planning to attach foreign assets worth one billion rupees (£10.47 million) of absconding Indian jeweller, Nirav Modi. The move came in connection with alleged £1.54bn Punjab National Bank (PNB) fraud case, said CNBC TV 18 in its report quoting the sources close to the development. According to the news report, the attachments of the properties in Dubai and Hong Kong will be done within next week by the ED officials. “We have already identified these properties. The information came to us after both the countries responded on the letter…
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