ED seizes Nirav Modi valuables worth Rs 36 cr
Written by : SMTV24x7 | Sat, Mar 24, 2018, 03:46 PM
New Delhi, Mar 24: Here is the Big new that as The Enforcement Directorate (ED) on Saturday said it seized valuables worth over Rs 36 crore of absconding diamond jeweller Nirav Modi in connection with an ongoing probe into the Rs 14,500 crore Punjab National Bank (PNBBSE -3.42 %) fraud case.
Officials said the Enforcement Directorate along with the CBI launched fresh searches on March 22 at the Samudra Mahal luxury residential flats of Mr. Nirav Modi in Mumbai's Worli area which resulted in the recovery of fresh valuables
The items seized included Rs. 10 crore diamond ring, antique jewellery worth Rs. 15 crore, high-end watches valued at Rs. 1.40 crore, Rs. 10 crore worth paintings by top artists including MF Hussain, KK Hebbar and Amrita Shergil.