Nirav Modi may soon lose Rs 7000 crore assets as ED plans new move in PNB fraud case

The ED is set to move a special court in Mumbai to seek permission for "immediate confiscation" of about Rs 7,000 crore assets of designer diamond jeweller Nirav Modi under the recently promulgated Fugitive Economic Offenders Ordinance.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2xhDZ9O