(Image source from: Hindustantimes.Com)
ED Seizes Rs 100 Cr In Cars And Stocks Of Nirav Modi:- Billionaire jeweller and businessman Nirav Modi flew from the country after his Rs 11300 crores scam. The Enforcement Directorate seized nine cars which included Rolls Royce Ghost, Mercedec Benz and Porsche Panamera owned by Modi. Along with these ED seized shares and mutual funds collectively yesterday. Rs 100 crores worth cars, stocks and mutual funds owned by Nirav Modi and his uncle Mehul Choksi have been seized.
All the vehicles have been seized from Samudra Mahal residence of Nirav Modi in Mumbai. ED pasted notices that the cars should not be sold or used. ED also served a series of notices to the Samudra Mahal Society and falling short of parking space, all the vehicles have been left at the Samudra Mahal society. They informed that the cars will be auctioned soon. All the vehicles have been seized after RTO confirmed that they have been owned by Nirav Modi and his family.
(Image Source: Timesofindia.indiatimes.com)
An investigation also revealed that Modi brought money to India through Foreign Direct Investment FDI). ED and CBI registered a bunch of cases on Nirav Modi, Mehul Choksi along with their companies and firms they own.
(Video Source: Times Now)