The Enforcement Directorate has attached property value greater than 14 million rupees belonging to the Gitanjali Group and its promoter and jeweler Mehul Choksi, one of many major defendants in the Punjab National Bank (PNB) mortgage fraud case. of greater than 13,000 rupees.
Attached properties, beneath the anti-money laundering legislation, embrace a 1,460 sq. foot flat on the O2 Tower in Goregaon in Mumbai, gold and platinum jewellery, diamond stones, silver and pearl necklaces, watches and a Mercedes Benz car , the Enforcement Directorate stated in a press release.
An interim seizure order has been issued beneath the Prevention of Money Laundering Act (PMLA) for property totaling Rs 14.45 million that are in the identify of the Gitanjali Group of Companies and its director Mehul Choksi , stated.
Choksi, 61, is the maternal uncle of Nirav Modi, who’s the opposite major defendant of PNB fraud. Mr. Choksi fled India and is alleged to have taken refuge in Antigua and Barbuda.
Modi, 49, is in a London jail after authorities detained him there in 2019 on the premise of a authorized request made by the Directorate of Enforcement and the Central Bureau of Investigation (CBI) in this case. He is difficult extradition to India.
The two, their members of the family and workers, financial institution officers and others had been indicted by the Directorate of Enforcement and the CBI in 2018 for perpetrating the alleged fraud on the Brady House department of PNB in Mumbai.
The Enforcement Directorate beforehand attached complete property of Rs 2,550 million of Mr. Modi and Mr. Choksi in this case.