New Delhi: The Enforcement Directorate seized the property of the jeweller Nirav Modi for Rs. 330 crore, including apartments in Mumbai, London and the United Arab Emirates under the Fugitive Economic Criminals Act. The investigation agency had previously seized property worth Rs. 2,348 crore from Nirav Modi.
Apartments in Samudra Mahal in Mumbai Worley, farmhouse by the sea in Maharashtra Alipog, wind mill in Jaisalmer Rajasthan, apartment in London and apartments in UAE are among the properties now confiscated.
On June 8, a special court in Mumbai authorized the agency to confiscate the assets.On December 5 last year, the same court declared that Nirav Modi was an economic offender.
