The Enforcement Directorate (ED) attached valuables belonging of Nirav Modi worth Rs 255 crores in Hong Kong under Prevention of Money Laundering Act (PMLA), reported. The total attachment in this PNB scam case till date is worth Rs 4,744 crore.
Nirav Modi and his uncle Mehul Choksi of Gitanjali Group are under probe by both the Central Bureau of Investigation and the ED. The ED had, on 24 and 26 May, filed chargesheets against the two; non-bailable warrants have also been issued against them.
It is alleged that the two diamond jewellery businessmen allegedly .duped and defrauded the Brady House branch of PNB in Mumbai for an amount of USD 2 billion (about 13,000 crore) in purported connivance with bank officials.
The Interpol had issued a Red Corner Notice (RCN) against Nirav Modi, his brother Neeshal and sister Purvi, who are Belgian citizens, Bhansali and Aditya Nanvati (both close associates of Nirav Modi).
However, an RCN request against Choksi, who acquired Antiguan citizenship earlier this year, is pending with the Interpol.>