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Nirav Modi case: India awaiting response from Hong Kong

Diamond jeweller Nirav Modi and his uncle Mehul Choksi have been accused of defrauding the Punjab National Bank (PNB) of Rs 12,600 crore

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Nirav Modi's stamped his name in India’s top corporates with growing global prestige with his fame and affluence.
Nirav Modi's stamped his name in India’s top corporates with growing global prestige with his fame and affluence. Facebook
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India has requested Hong Kong to arrest fugitive jeweller Nirav Modi and is awaiting for a response from the authorities there, a senior official said here on Thursday.

“We have requested the authorities in Hong Kong to surrender Nirav Modi,” External Affairs ministry spokesperson Raveesh Kumar said at a media briefing here.

PNB suffered a great loss due to the fraud.

“There is an agreement between India and Hong Kong about surrender of fugitive offenders,” he said.. “We are still awaiting a response.” Kumar also informed that, according to the Indian mission there, the Department of Justice is examining India’s request for provisional order for Modi’s arrest.

Also Read: ED seizes Nirav Modi valuables worth Rs 36 cr

Diamond jeweller Nirav Modi and his uncle Mehul Choksi have been accused of defrauding the Punjab National Bank (PNB) of Rs 12,600 crore, with Rs 1,300 crore being added to the fraud kitty on February 26. Parliament was earlier informed that Modi is present in Hong Kong. IANS

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ED seizes Nirav Modi valuables worth Rs 36 cr

An ED official told IANS that joint searches with the CBI were carried from Thursday to early Saturday at Nirav Modi's palatial 'Samudra Mahal' residence in Mumbai

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Punjab National Bank is facing many setbacks from early this year Wikimedia Commons
ED seizes Nirav Modi's valuables. Wikimedia Commons

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 (PNB) fraud case. An ED official told IANS that joint searches with the CBI were carried from Thursday to early Saturday at Nirav Modi’s palatial ‘Samudra Mahal’ residence in Mumbai.

Nirav Modi's stamped his name in India’s top corporates with growing global prestige with his fame and affluence.
Nirav Modi committed a fraud of 1400 cr with PNB. Facebook

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 renowned artists including M.F. Hussain, K.K. Hebbar and Amrita Shergil.

Also Read: PNB Fraud Fully Exposes the Malicious Intent Of Nirav Modi

The searches were conducted as part of a money trail by the ED and CBI after cases were registered against Nirav Modi and his business partner and uncle Mehul Choksi of the Gitanjali Group for defrauding the banks. Choksi and Nirav Modi fled the country in January around a month before the PNB filed its first complaint against them. They are still at large.

So far, the ED has carried out searches at some 251 properties across the country and seized diamond, gold, pearls, precious and semi-precious stones. The ED has also claimed to have attached immovable properties belonging to their business groups to the tune of Rs 7,638 crore. IANS

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