PNB fraud: ED attaches Rs 29.75-crore assets of Nirav Modi
New Delhi, Sep 11: The Enforcement Directorate on Wednesday said it has attached fresh assets worth Rs 29.75 crore of fugitive diamond trader Nirav Modi under the anti-money laundering law.
A provisional order has been issued under the Prevention of Money Laundering Act (PMLA) to attach these assets that are in the form of bank deposits, land, and buildings, it said in a statement.
The agency, which has been probing Modi in the alleged USD 2 billion fraud against the Punjab National Bank for over five years now, has attached assets worth Rs 2,596 crore in India and abroad in the past.
Modi, 53, is presently lodged in a UK jail and has lost his extradition plea to India in connection with this alleged bank loan fraud case, which is also being investigated by the Central Bureau of Investigation.
Modi and his uncle Mehul Choksi, both prime accused in the case, along with others are being probed by the ED on money laundering charges for allegedly perpetrating fraud in connivance with bank officials and by issuance of fraudulent Letters of Undertaking (LoUs) at the Brady House Punjab National Bank (PNB) branch in Mumbai.
Modi was declared a fugitive economic offender by a Mumbai PMLA court in December 2019. He was arrested the same year in London.
The ED said movable and immovable assets of Modi and his associates amounting to Rs 692.90 crore have been "confiscated" under the provisions of the Fugitive Economic Offenders Act.
Also, assets to the tune of Rs 1,052.42 crore have been successfully restored to the victim banks -- PNB and consortium banks, it said.
"The extradition proceedings against Nirav Modi were initiated and are under progress in London, UK. Earlier this year, Nirav Modi applied for bail in a UK court but it was denied for the seventh time," it said.
The agency said an appeal was filed by Modi before the UK High Court against the bail order, which was later withdrawn. Currently, he is lodged in UK Jail.
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MP: BJP leader arrested for raping party member, expelled
Sidhi (MP) (PTI): A BJP leader from Sidhi district in Madhya Pradesh was arrested on Tuesday on charges of raping a woman leader and extorting money, police said.
The BJP immediately expelled him from the party after he was arrested.
The FIR stated that the victim, also a BJP leader, was allegedly raped under the pretext of giving her a party ticket. The accused allegedly filmed the video of the incident and used it to extort money.
The accused, Ajitpal Singh Chouhan, also threatened to kill the woman's husband and forced her father-in-law to give money by showing him the obscene video, the FIR stated.
Chouhan was booked on January 13 under Bharatiya Nyay Sanhita (BNS) sections 64 (1) (rape), 308 (5) (extortion by putting someone in fear of death or grievous hurt), 296 (obscene act) and 351 (3) (criminal intimidation).
Sidhi district BJP president Dev Kumar Singh expelled Ajitpal Singh Chouhan from the primary membership of the party.
