Tuesday, October 8, 2024
HomeNews ReportsED seizes premium cars, freezes investments of Nirav Modi and Mehul Choksi group

ED seizes premium cars, freezes investments of Nirav Modi and Mehul Choksi group

The relentless crackdown in the Nirav Modi – PNB scam case continues. The Enforcement Directorate today reported that it had seized several premium cars belonging to Nirav Modi and his companies. The cars include a Rolls Royce Ghost, Porsche Panamera, 2 Mercedes Benz, 3 Honda, 1 Toyota Fortuner & an Innova, as per the Enforcement Directorate.

It was also declared that shares & mutual funds worth Rs 7.8 Cr of Nirav Modi & Rs 86.72 crore of Mehul Choksi group were frozen by the Enforcement Directorate. All the above was tweeted out by the Enforcement Directorate:


The above move comes on the back of multiple actions taken by various authorities over the past few days. On 16th February, in raids that continued late into the night, the ED seized Rs. 5,100 crores worth of Gold, precious gems and Jewellery. The Enforcement Directorate also tweeted about additional raids being conducted and that diamonds, gold and jewellery worth Rs. 549 crores (book value) have been seized.

Join OpIndia's official WhatsApp channel

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staff
OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

Recently Popular

- Advertisement -