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ED attaches Nirav Modi assets and properties

Feb 26, 2019 14:29 IST

The Enforcement Directorate has attached properties belonging to Nirav Modi and Firestar International properties worth over 150 crores under the Prevention of Money Laundering Act or PMLA. That includes paintings worth 50 crore rupees, jewellery and money payable to Firestar International by its debtors. In 2018, The Income Tax department had attached 173 paintings in possession of Nirav Modi.

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