ED to sell off Nirav Modi's cars and paintings

The Enforcement Directorate (ED) will sell off a number of paintings, cars and properties belonging to fugitive jeweller Nirav Modi who has arrested in London on Tuesday.

New Delhi: A special courrt under the Prevention pf Money Laundering Act (PMLA) has granted permission to the Income Tax Department to auction the paintings and cars of Nirav Modi, the fugitive businessman whom the Scotland Yard arrested on Tuesday afternoon in London.

An official of the agency told ETV Bharat that a PMLA court in Mumbai has been permitted to sell these properties. The official also told that the ED might send a team of officials to London in coming week regarding the case as Modi is being produced in the Westminster Magistrate's Court today.

Nirav Modi's cars

Modi is a accused in the 13,000-crore Punjab National Bank scam and fled the country before the expose of the scam. Last week, after ED's request for his extradition, UK had issued a warrant against him.

Nirav Modi's car

Reports had surfaced that Modi is living at a Apartement complex in West End, London. He also was sighted recently while walking on streets of the city.

(Inputs from ANI)