Wednesday, October 3, 2018

Nirav Modi's seized assets doesn't mean recovery

Even though fugitive jeweller Nirav Modi's assets were seized by the Enforcement Directorate on Monday but selling them requires Nirav Modi's conviction by the Supreme Court. The cost of the assets is said to be Rs 637 crore. Assets worth Rs 200 crore that was seized in the 2G scam, have not been sold yet.

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