ED Raids At Nirav Modi's Mumbai Boutique

PUBLISHED ON: February 16, 2018 | Duration: 2 min, 39 sec

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This morning, officials from ED raided Nirav Modi's showroom and office in Mumbai's Kala Ghoda area. Yesterday, in searches at 17 Nirav Modi properties in multiple cities, the Enforcement Directorate claimed found diamonds, jewellery and gold worth Rs. 5,000 crore. "More assets will be seized, more premises will be raided. Till now, we have found assets only half the fraud money. Our priority right now to recover assets worth at least equivalent to fraud amount," an official told NDTV this morning.
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