New Delhi: In fresh action against Nirav Modi, the Enforcement Directorate (ED) has attached assets worth over Rs 171 crore owned by the absconding diamantaire in connection with its money laundering probe in the over 2 billion dollars PNB fraud case.
The central probe agency said it issued a provisional order under the Prevention of Money Laundering Act (PMLA), attaching four commercial premises -- with the market value of Rs 72.87 crore -- in Mumbai and Surat, 106 bank accounts holding Rs 55.12 crore of deposits, 15 demat accounts containing Rs 35.86 crore and 11 cars valued at Rs 4.01 crores. The ED had earlier attached 21 assets - worth Rs 523.72 crore belonging to Nirav Modi in this case.
Meanwhile, the CBI in its charge sheet has alleged Former MD and CEO of the Punjab National Bank Usha Ananthasubramanian and some other senior bank officials were aware of the fraudulent dealings with diamond merchant Nirav Modi but kept misleading the RBI.
Nirav Modi and Choksi are being investigated by the ED for allegedly cheating the Punjab National Bank, the country's second-largest lender, to the tune of more than Rs 13,000 crore.