Nirav Modi's 9 cars (including a Rolls Royce Ghost) seized
February 22, 2018  10:45
The Enforcement Directorate on Thursday seized nine cars belonging to jeweller Nirav Modi and his companies, in connection with the Punjab National Bank fraud case.

The cars seized by the agency include a Rolls Royce Ghost, a Porsche Panamera, two Mercedes Benz GL 350 CDIs, three Honda cars, a Toyota Fortuner and a Toyota Innova.

Mutual funds and shares worth Rs 7.80 crore of Nirav Modi and Rs 86.72 crore of those belonging to Mehul Choksi Group were also frozen by the agency.

Earlier on Wednesday, the Income Tax department attached Rs. 145.74 crore found in several bank accounts belonging to jeweller Nirav Modi.

Till date, the IT department has attached a total of 141 bank accounts/Fixed Deposits of the group.

Representational image of a Rolls Royce Ghost Series II, which in 2014 cost Rs 4.50 crore.
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