Nirav Modi holed up in luxury NY hotel, govt moves to block funds & flight
NEW DELHI/NEW YORK: The ministry of external affairs on Friday suspended the passports of billionaire jeweller Nirav Modi and his uncle and business partner Mehul Choksi for four weeks with immediate effect and said it would revoke the passports if it did not hear from them in the next seven days on why their passports should not be impounded or revoked.
The government also announced a multi-agency probe into Modi’s dealings and the I-T department swung into action, provisionally attaching 29 properties and 105 accounts linked to Modi and his family, even as he surfaced at a luxurious hotel suite in New York. Meanwhile, more media reports emerged of the possibility of Modi having Belgian papers, as first indicated by TOI on February 16.
“After the suspension of his passport, he cannot move to a different location. Wherever he is, he will remain in the same country,” the MEA spokesperson said. Modi is accused of triggering a Rs 11,300 crore fraud on state-run Punjab National Bank