ED Seizes Valuables Worth Rs 255 Crore Belonging To Billionaire Diamantaire Nirav Modi In Hong Kong

After the Enforcement Directorate attached Rs 637 crore worth of assets of fugitive billionaire jeweller Nirav Modi and family in India and four other countries in PNB fraud case, it has seized more of his property from Hong Kong.

News agency ANI reported that ED has seized valuables costing around Rs 255 crore in Hong Kong under the Prevention Of Money Laundering Act (PMLA), 2002. So far, the total attachments that have been seized in this case amount to Rs 4,744 crore.

These valuables were exported through 26 shipments by Dubai based companies of Nirav Modi to the Hong Kong-based companies which were controlled by him after the registration of PNB money laundering case in India.Click Here: NRL Telstra Premiership

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