Friday, 23 February 2018

Priyanka Chopra ends her agreement with Nirav Modi: PNB fraud scam

Mumbai, Feb 23 In the wake of the Punjab National Bank (PNB) scam surrounding luxury jeweller Nirav Modi, Priyanka Chopra on Friday ended her agreement with his brand.

"In light of recent allegations, Priyanka Chopra has ended her agreement with the Nirav Modi brand," the 35-year-old actress'spokesperson Natasha Pal said.

Refuting the reports of her suing Nirav Modi, the'Quantico' star's representative had prior illuminated that she was looking for a legitimate feeling regarding ending her agreement with the brand.

Earlier, the PNB had held up two financial fraud complaints of Rs 11400 crore and Rs 280 crore against Nirav Modi, his significant other Ami, sibling Nishal and relative Mehul Choksi, proprietor of Gitanjali Gems. Following which, the Enforcement Directorate (ED) had filed a money laundering case against them.

After the case was registered, the ED and the Central Bureau of Investigation (CBI) swung into action.

Continuing the raids, the ED on Friday solidified Modi's bank accounts with a total balance of Rs 30 crore and shares worth Rs 13.86 crore.

Moreover, the ED struck different properties having a place with Modi and Choksi. A few strikes were also conducted in several locations in various cities across the country.

  • The scam was begun in 2011 and was identified in the third seven day stretch of January this year, after which the PNB authorities recorded a grievance with the CBI on January 31.

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