14.55°C Vancouver

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

carney-european-leaders-welcome-reported-u-s-iran-ceasefire-call-for-broader-diplomatic-talks
CanadaApr 08, 2026

Carney, European leaders welcome reported U.S.–Iran ceasefire, call for broader diplomatic talks

Prime Minister Mark Carney and nine European leaders say they welcome a reported two-week ceasefire between the United States and Iran, according to a joint statement released Wednesday. The statement follows remarks from U.S. President Donald Trump, who said Tuesday that an agreement had been reached after tensions over the Strait of Hormuz, a key global shipping route. Trump had earlier warned of severe consequences if negotiations to reopen the waterway failed. According to Trump’s social media posts, discussions between the United States and Iran are expected to include reconstruction ef
WorldApr 08, 2026

U.S., Iran agree to two-week ceasefire amid reports of Pakistan, China mediation

The United States and Iran have agreed to a two-week ceasefire following approximately 40 days of conflict, according to statements attributed to U.S. President Donald Trump and media reports. The pause in hostilities is expected to halt attacks involving the United States, Israel and Iran during the agreed period. Trump said the decision followed appeals from Pakistan’s Prime Minister Shehbaz Sharif and the country’s military leadership. Reports also indicate the arrangement was facilitated through Pakistan’s mediation, with last-minute diplomatic involvement from China. These claims ha
carney-to-speak-with-canadian-astronaut-jeremy-hansen-following-artemis-ii-lunar-flyby
CanadaApr 08, 2026

Carney to speak with Canadian astronaut after Artemis II lunar flyby

Prime Minister Mark Carney is scheduled to speak today with Canadian astronaut Jeremy Hansen following the completion of the Artemis II mission’s lunar flyby, according to a media advisory from the Canadian Space Agency. Industry Minister Mélanie Joly is also expected to participate in the call, the agency said. Hansen and three American crewmates completed a six-hour flyby of the moon on Monday, travelling farther into space than any human mission to date and surpassing the distance record set during the Apollo 13 mission in 1970, according to the Canadian Space Agency. Carney has said Can
BCApr 07, 2026

Vaisakhi match at BC Place, Whitecaps win thriller against Portland Timbers

On Saturday, the Vancouver Whitecaps played the Vaisakhi match at the iconic BC Place Stadium in Vancouver. The team dedicated its April 4 match to Vaisakhi and for this reason, the match against the Portland Timbers was named the Vaisakhi match.Bhangra performance by Naam Bhangra, Anmol Rattan and YBC Bhangra at BC Place stadium.During the Vaisakhi celebrations, performances related to Bhangra and Punjabi music were seen during the pre-game and half-time. More than 24,400 spectators had arrived to watch this match.Bhangra performance by Naam bhangra, Anmol Rattan and UBC bhangra during the
vancouver-island-man-sentenced-to-more-than-nine-years-for-child-exploitation-offences
BCApr 07, 2026

Vancouver Island man sentenced to more than nine years for child exploitation offences

A man from Tofino has been sentenced to more than nine years in prison after being convicted of multiple sexual offences involving minors he contacted online, according to police. In a statement, Port Alberni RCMP said Loki Tchir was sentenced on March 28 in Port Alberni on charges that include possession of child sexual abuse material and sexual interference involving a minor. Police said the sentence also imposes long-term restrictions following his release, including limits on employment, contact with minors and attendance at certain public places for a period of 15 years. According to RCMP

Related News