· indian authorities have seized over 10,000 imported luxury watches belonging to disgraced billionaire jeweller nirav modi and his firms in connection with the country’s biggest-ever bank fraud of 1. 8 billion u. s. Dollars , an enforcement official said saturday. Over the last week, a huge collection of imported watches , 176 steel almirahs, 158 boxes and 60 other containers have been seized during ed searches at multiple locations linked to nirav. Nirav modi and his relatives escaped india in early 2018, days before the news of the scam became public. · the enforcement directorate (ed) that seized over 10,000 imported watches from several locations connected to diamond czar nirav modi contend that the watches might have been imported for business purpose. · the key accused in the case were jeweller and designer nirav modi , his maternal uncle mehul choksi, and other relatives and some pnb employees. · the enforcement directorate (ed) that seized over 10,000 imported watches from several locations connected to diamond czar nirav modi contend that the watches might have been imported. · as part of the investigation into the alleged fraud , authorities in india recently announced to the press that theyve seized , among other things, more than ten thousand imported luxury. The enforcement directorate (ed) seizes over 10,000 imported watches from several locations connected to nirav modi.
