9 years ago
New Delhi / New York:
The passports of Nirav Modi and Mehul Choksi have been suspended for four weeks today as CBI and Enforcement Directorate are carrying out investigations and sought its revocation. Billionaire jewellery designer Nirav Modi and his partner Mehul Choksi are the main accused in the Rs 11,300 crore Punjab National Bank fraud, termed India's biggest banking scandal. Earlier today, NDTV traced Nirav Modi to an upscale apartment in Midtown Manhattan.
Sources have confirmed to NDTV that Nirav Modi, the main accused in alleged fraudulent transactions of over Rs 11,300 crore through 150 letters of understanding issued by Punjab National Bank, has been discreetly living at New York's JW Marriott Essex House at 160 Central Park South, which includes both a hotel and apartments. The section where Nirav Modi has been living is situated in a premier location overlooking New York's well known Central Park.
Nirav Modi, who holds an Indian passport, left India on January 1, while his brother Nishal, a Belgian citizen, left the country on the same day. However, whether they travelled together has to be investigated. Nirav Modi's wife Ami, a US citizen, also left on January 6 and his uncle and business partner Mehul Choksi, the promoter of Gitanjali jewellery chain, left on January 4, the officials said.
Apart from the CBI, the Enforcement Directorate also moved a separate application with the External Affairs Ministry, seeking urgent and immediate revocation of passports of Nirav Modi and Mehul Choksi.
Sources have confirmed to NDTV that Nirav Modi, the main accused in alleged fraudulent transactions of over Rs 11,300 crore through 150 letters of understanding issued by Punjab National Bank, has been discreetly living at New York's JW Marriott Essex House at 160 Central Park South, which includes both a hotel and apartments. The section where Nirav Modi has been living is situated in a premier location overlooking New York's well known Central Park.
Nirav Modi, who holds an Indian passport, left India on January 1, while his brother Nishal, a Belgian citizen, left the country on the same day. However, whether they travelled together has to be investigated. Nirav Modi's wife Ami, a US citizen, also left on January 6 and his uncle and business partner Mehul Choksi, the promoter of Gitanjali jewellery chain, left on January 4, the officials said.
Apart from the CBI, the Enforcement Directorate also moved a separate application with the External Affairs Ministry, seeking urgent and immediate revocation of passports of Nirav Modi and Mehul Choksi.
