New Delhi: Enforcement Directorate attaches attaches properties and bank accounts to the tune of Rs 637 crore in Nirav Modi case.
Two immovable properties having total value of USD 29.99 Million (Rs 216 Crores Approx) and beneficially owned by Nirav Modi in New York, have also been attached by Enforcement Directorate under section 5 of Prevention of Money laundering Act.
5 overseas bank accounts belonging to Nirav Modi having balance of total Rs 278 Crores also attached by ED. Diamond studded jewellery worth Rs 22.69 Cr has brought back to India from Hong Kong. A flat in South Mumbai worth Rs 19.5 Crore also attached.
Nirav Modi has multi-crore luxurious assets in US
Two immovable properties having total value of USD 29.99 Million (Rs 216 Crores Approx) and beneficially owned by Nirav Modi in New York, have also been attached by Enforcement Directorate under section 5 of Prevention of Money laundering Act.
As Indian agencies tighten the noose around bank fraud accused by attaching his assets back home, it has come to light that the absconding jeweller owns many luxurious and swanky apartments and bungalows in US.
1) Luxury apartments in Ritz carlton
Modi’s luxury apartment at Ritz Carlton at 50, South Central Park in the US.
This property, sources said, was bought by Modi in September 2017 in an all-cash deal for $25 million.
The agency is also likely to attach another property of Nirav Modi and his wife Ami in US
2) Essex House: Nirav’s personal residence in New York
J.W. Marriott Essex House at 160 Central Park South, which includes both a hotel and 200 apartments.
Apartments are spacious and feature unique layouts
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