Skip to Main content

12.58°^C Vancouver

News Entertainment Videos Shows Podcast Contact Us

Jul 22, 2022 2:50 PM - ANI

ED attaches assets worth Rs 253 cr of Nirav Modi in Hong Kong

Share On

The Enforcement Directorate (ED) has attached movable properties worth Rs 253.62 crore of fugitive diamantaire Nirav Modi's group of companies in Hong Kong.

The attached assets included gems and jewellery and bank balances amounting to USD 30.98 million and HKD 5.75 million, equivalent to Rs 253.62 crore (as of Friday), an ED statement said.

On the basis of FIR under Section 420, 467, 471 and 120-B of the Indian Penal Code, 1860 and Section 13 of Prevention of Corruption Act, 1988 registered by the Central Bureau of Investigation (CBI), ED had initiated an investigation by recording Enforcement Case Information Report (ECIR) under Prevention of Money Laundering Act, 2002 (PMLA) in the case of Punjab National Bank (PNB) fraud of Rs 6,498.20 crore.

During investigations, previously ED has attached movable and immovable assets of Nirav Modi and associates to the tune of Rs 2,396.45 crore in India and abroad.

With the present attachment, total attachment or seizure of assets of Rs 2,650.07 crore has been effected in the case against Nirav Modi by the ED.

Simultaneously, the extradition proceedings against fugitive Nirav Modi are at the final stage in London, UK.

Latest news

relentless-journey-of-jasmine-mander-from-set-back-to-getting-back-in-the-game

Relentless journey of Jasmine Mander, from set back to getting back in the game

Jasmine Mander was 5 years old when he father, Dildar Mander, took her to a soccer field. That was her first introduction to soccer. At the time, Dildar Mander's daughter had no idea what kind of heights could be achieved in this game. The journey that started with his father taking her to the field, saw many achievements including her association with the Canadian women soccer team that won gold medal at the Tokyo Olympics. Jasmine was a staff member of that gold medal Canadian Soccer Team. But in this career full of achievements, Jasmine saw a period about two years ago, where the drone cont

defence-minister-says-he-learned-of-possible-damage-to-canadian-assets-in-kuwait-strike-from-media-report

CanadaMar 19, 2026

Defence minister says he learned of possible damage to Canadian assets in Kuwait strike from media report

Defence Minister David McGuinty says he was unaware of potential damage to Canadian military assets in Kuwait following an Iranian airstrike until a media report raised the issue. Speaking to reporters in Kitchener, McGuinty said he learned about the “situation” while travelling overseas with the prime minister, but declined to confirm whether Canadian equipment or facilities were hit, citing operational security concerns. The Quebec newspaper La Presse reported on March 12 that satellite imagery analysis suggested the Canadian section of Ali Al-Salem Air Base may have sustained damage dur

dozens-of-commercial-vehicles-sidelined-after-burnaby-inspection-finds-safety-violations

Dozens of commercial vehicles sidelined after Burnaby inspection finds safety violations

A targeted commercial vehicle inspection in South Burnaby last month led to more than half of the trucks checked being taken off the road due to safety concerns, according to a police release. The operation, conducted Feb. 25 by the Lower Mainland Commercial Vehicle Enforcement group, took place along Marine Way near Roseberry Avenue. Authorities said the initiative aimed to both educate drivers and enforce provincial safety regulations. According to a release from Burnaby RCMP, officers carried out 67 inspections, identifying 172 violations and issuing 117 tickets. A total of 35 commercial ve

abbotsford-police-arrest-robbery-suspect-minutes-after-gas-station-incident

Abbotsford police arrest robbery suspect minutes after gas station incident

Abbotsford Police say a man has been charged after an alleged robbery at a gas station Tuesday morning in the 2000 block of Clearbrook Road. According to an Abbotsford Police Department news release, officers were called at about 9:21 a.m. after a suspect reportedly threatened staff with a weapon and fled with cash and merchandise. Police say officers arrived quickly and began searching the area for the suspect, who had left on a bicycle. The release states a traffic officer located the suspect within minutes. When police attempted to stop him, the suspect allegedly refused, leading to a brief

canada-to-spend-307m-on-new-modular-rifles-to-replace-aging-army-weapons

CanadaMar 19, 2026

Canada to spend $307M on new modular rifles to replace aging army weapons

The federal government has approved a $307 million contract to purchase 30,000 new modular rifles for the Canadian Army, replacing weapons that have been in service for more than three decades. According to a federal procurement announcement, the rifles will be supplied by Colt Canada under an initial three-year agreement. The deal includes an option to acquire an additional 35,000 rifles beyond the initial order. Defence procurement Secretary of State Stephen Fuhr said the purchase is intended to modernize frontline equipment and address long-standing concerns about the aging C7 and C8 rifles

Related News

Punjab Congress chief urges MSP law, flood aid in Lok Sabha

Punjab Congress chief urges MSP law, flood aid in Lok Sabha

Punjab Congress president Amarinder Singh Raja Warring on Thursday called on the central government to introduce legislation guaranteeing minimum support price for farmers, saying a commitment made during the farmers’ protest remains unfulfilled. Speaking in the Lok Sabha, Warring said the Centre had assured protesting farmers that a legal framework on MSP would be brought forward, but “several years have passed” without action. According to parliamentary proceedings, he also raised concerns that cases registered against farmers during the agitation have not been withdrawn despite earlie

U.S. trade agreement signing delayed pending U.S. tariff policy implementation

U.S. trade agreement signing delayed pending U.S. tariff policy implementation

The signing of a proposed trade agreement between India and the United States has been postponed for now, according to India’s commerce secretary Rajesh Agrawal. Agrawal said the agreement will move forward only after the United States fully implements its new tariff policy. He said the timeline for finalizing the deal is tied to the outcome of tariff changes currently under consideration by U.S. authorities. According to Agrawal, previously imposed global tariffs that were struck down by a U.S. court must be replaced with new global tariff measures before the trade agreement can be finalize

Teachers rally in Chandigarh over demands, attempt march toward Punjab Assembly

Teachers rally in Chandigarh over demands, attempt march toward Punjab Assembly

Teachers staged a protest rally in Chandigarh on Friday, demonstrating against the Punjab government while pressing for action on their demands. According to protesters at the rally, a large group of teachers attempted to march toward the Punjab Vidhan Sabha during the demonstration. Police deployed in the area set up barricades to stop the march. Teachers tried to push past the barricades, after which police used tear gas shells and water cannons to disperse the crowd, according to information shared at the protest site. The confrontation led to a temporary standoff between demonstrators and

Legals

Journalism code of ethics

© 2021 AKASH Broadcasting Inc.

MANAGED BY STRATWIT

useful links

Accessibility Plan

BC Children's Hospital