Trouble mounts for Nirav Modi as ED raids 35 additional locations, total seizure stands at Rs. 5,649 crores

The nation was rocked on yesterday as the Punjab National Bank – Nirav Modi financial fraud case surfaced. Earlier today, we had also reported how stunning revelations had been made about how the Finance Secretary under the Congress Government had coerced a whistleblower into silence when he tried to warn about 1,500 crore loan that was being extended to Nirav Modi.

While the political blame game was on, the ED jumped into action and conducted raids on multiple properties connected to Nirav Modi. In raids that continued late into the night, the ED seized Rs. 5,100 crores worth of Gold, precious gems and Jewellery.

Today it was also revealed that summons had been issued to Nirav Modi and Mehul Choksi, in addition to their passports being revoked by the MEA.

- Advertisement - - Article resumes -

The troubles have only mounted for Nirav Modi with ED raiding additional 35 properties related to Nirav Choksi.

The Enforcement Directorate tweeted about additional raids being conducted and that diamonds, gold and jewellery worth Rs. 549 crores (book value) have been seized.

In these two days, ED has seized material worth a total of Rs. 5649 crores.

Share and Support:
Support OpIndia by paying for content

Most read articles recently

‘Will not develop areas which did not vote for me’: Rajasthan Congress MLA shortly after winning

Rajender Singh Bidhuri fought and won a close battle against BJP MLA Suresh Dhakad with a margin of 1661 votes.

Here is why BJP lost elections, and of course, it was deliberate

What BJP supporters need to realise is this - no political party ever wants to lose and least of all, a party led by the two most politically aggressive politicians the country has ever seen.

Ranchi: Court summons Rahul Gandhi for his defamatory remarks against Amit Shah

The petitioner submitted that the statement by Rahul Gandhi against Amit Shah had hurt his sentiments and tarnished the image of the party.

India cannot turn into Islamic Nation, only Modi can understand gravity and do needful: Meghalaya HC

There should be uniform law for all Indian citizens, and anybody opposing the Indian laws and constitution cannot be considered as citizens of the country, Meghalaya High Court noted

Priyanka Gandhi part of selection process of Congress CM in the state where her husband faces probe

Priyanka Gandhi's husband, Robert Vadra, was recently summoned for the third time by the Enforcement Directorate in the Bikaner land deal money laundering case after he missed the first two.

Teenage actor who acted in film ‘Haider’, joined Lashkar-e-Taiba, neutralised in encounter

Police confirmed that the two teenagers had joined the Lashkar-e-Taiba, immediately after they went missing on August 31

BJP’s real woes: Lessons from the electoral semi-finals

The prolonged silence of Prime Minister Narendra Modi and BJP President Amit Shah on election results was very telling. The results were clearly unexpected and possibly led to prolonged internal discussions on the future course of action.

For all his angst against Adani, Rahul Gandhi chose Kamal Nath who rallied behind Adani for power plant in Chhindwara

Kamal Nath is believed to be close to Gautam Adani, whom Rahul Gandhi has frequently accused of being a 'crony capitalist'
It is time for Congress and Gandhi Family mukt Bharat

Why Congress-mukt Bharat is still very much in progress

It is time BJP supporters understand the meaning of the term 'Congress-mukt Bharat'.

As Congress factions create chaos, Rahul Gandhi quotes Tolstoy and Congress tweets ‘game’ links

The Assembly Elections in three states, Rajasthan, Chhattisgarh and Madhya Pradesh saw Congress successfully push BJP out of power

Latest articles

Connect with us

125,614FansLike
97,776FollowersFollow
6,063SubscribersSubscribe

Don't miss these