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Absconding diamond jeweller Nirav Modi who is on the run after coming to light of the PNB scam is really having tough times. In its action against him the Enforcement Directorate has said it has attached his valuables and jewellery worth Rs 255 crore in Hong Kong. With this latest order, the total assets attached in this case against the absconding diamantaire is about Rs 4,744 crore.
The agency said it has issued a provisional order under the Prevention of Money Laundering Act for attachment of these assets.
“The said valuables were exported through 26 shipments by Dubai based companies of Nirav Modi to the Hong Kong based companies controlled by him after the registration of the case (PNB money laundering) in India,” it said. These valuables, diamonds and jewellery were lying in a logistics company vault in Hong Kong, the agency said.
“Details like value, consignee, shipper, ownership among others of these shipments were obtained during investigation and after gathering the evidences of ownership and value of the goods, the same have been attached,” it said.
With this latest order, the total assets attached in this case against the absconding diamantaire is about Rs 4,744 crore.
