- Enforcement directorate searched 17 locations linked to Nirav Modi
- Raids after Rs 11,400 crore scam at Punjab National Bank
- Rs 280 crore money laundering case filed against Nirav Modi
The raids came after the agency filed a Rs 280-crore money laundering case against Nirav Modi, his wife Ami, brother Nishal and business partner Mehul Choksi yesterday, following a complaint by Punjab National Bank (PNB).
Searches were conducted at 17 premises of Nirav Modi & Geetanjali Gems in a case related to fraud in PNB, the directorate said in a tweet.
Among the places raided today were Nirav Modi's residence in Kurla, jewellery boutique in Kala Ghoda area, three company offices in Bandra and Lower Parel in Mumbai, three premises in Gujarat's Surat and Nirav Modi's showrooms in Chanakyapuri and Defence Colony in Delhi.
The CBI has booked Nirav Modi along with his wife, brother and business partner Mehul Choksi on January 31, for allegedly cheating Punjab National Bank to the tune of Rs 280 crore. The bank sent two more complaints to the CBI on Tuesday, saying the scam was worth more than Rs 11,400 crore.
(With inputs from PTI)