The country remains committed to supporting all humanitarian efforts alongside the international community to mitigate the crisis
Coming down on the diamond czar, the ED seized one Rolls Royce Ghost, two Mercedes Benz GL series, one Porsche Panamera, three Hondas, one Toyota Fortuner and Innova during its searches at 17 locations in Mumbai on Wednesday.
An agency official said it has frozen Mutual funds and shares worth Rs 7.80 crore of Nirav Modi and Rs 86.72 crore belonging to his uncle Mehul Chokshi of the Gitanjali Group.
The agency has also carried out searches at four firms in Mumbai. It is probing 120 companies on suspicion of being shell firms linked to Modi and Choksi.
The agency's action comes in the wake of its ongoing probe against the two and many others, including directors of their companies and bank officials for the alleged bank fraud.
Letters of Undertaking and Foreign Letters of Credit were used to raise and rollover the amount over several years before an FIR was lodged by the bank on January 29 and February 14.
The Central Bureau of Investigation was also probing the case. Both Modi and Choksi, along with other family members, were said to have left the country in early January.
The FIR has named two former bank employees for alleged direct involvement in the fraudulent transactions.
Three companies of the Gitanjali Group were also named in the second CBI FIR for allegedly defrauding PNB of Rs 4,886 crore.
On Wednesday, the Income Tax department attached 141 bank accounts and fixed deposits of the Nirav Modi group. The cumulative credit balance in these accounts were about Rs 145.74 crore.
The country remains committed to supporting all humanitarian efforts alongside the international community to mitigate the crisis
Students in the country are gearing up for their I/GCSE and A Level exams that will be held between May 9 and June 25
Western countries, including the US, have pleaded with Israel to hold back from attacking the southern city, which is sheltering more than a million Palestinians
The event follows on from the successful hosting of the Ultimate Golf Challenge in January this year
The city is placed 11th globally; this was revealed at an international report launched recently in Singapore
More than 300 staff would stop working for four days at terminals 2, 3, 4 and 5