The Enforcement Directorate has connected belongings price over Rs 14 crore belonging to Gitanjali Group and its promoter and jeweller Mehul Choksi, one of many major accused within the over Rs 13,000 crore Punjab Nationwide Financial institution (PNB) mortgage fraud case.
The properties connected, beneath the anti-money laundering regulation, embody a flat measuring 1,460 sq toes at O2 Tower in Goregaon in Mumbai, gold and platinum jewelry, diamond stones, necklaces product of silver and pearls, watches and a Mercedes Benz automotive, the Enforcement Directorate stated in an announcement.
A provisional order for attachment has been issued beneath the Prevention of Cash Laundering Act (PMLA) for the belongings price a complete Rs 14.45 crore which might be within the title of Gitanjali Group of firms and its director Mehul Choksi, it stated.
Mr Choksi, 61, is the maternal uncle of Nirav Modi, who’s the opposite major accused in PNB fraud. Mr Choksi fled India and is alleged to have taken shelter in Antigua and Barbuda.
Mr Modi, 49, is in a London jail after he was held by the authorities there in 2019 on the premise of a authorized request made by the Enforcement Directorate and the Central Bureau of Investigation (CBI) on this case. He’s contesting extradition to India.
The 2, their relations and staff, financial institution officers and others have been charged by the Enforcement Directorate and the CBI in 2018 for perpetrating the alleged fraud within the Brady Home department of PNB in Mumbai.
The Enforcement Directorate earlier connected a complete of Rs 2,550 crore price belongings of Mr Modi and Mr Choksi on this case.