STOCK MARKET BSE NSE

Punjab National Bank scam: ED seizes diamond jewellery worth Rs 1 crore from Patna outlet 

The "Just In Vogue" outlet, owned by a Mumbai-based businessman, sells diamond studded jewellery items designed by the Gitanjali Jewellers.

Published: 18th February 2018 11:49 PM  |   Last Updated: 18th February 2018 11:49 PM   |  A+A-

PNB fraud case

The outlet here that has business links with PNB scam accused Nirav Modi and Mehul Choksi, ED officials said. REUTERS/Adnan Abidi

By PTI

PATNA: The Enforcement Directorate (ED) today seized diamond jewellery worth around Rs 1 crore from an outlet here that has business links with PNB scam accused Nirav Modi and Mehul Choksi, ED officials said.

"The ED today carried out raid and seized diamond studded jewellery worth around Rs 1 crore from the 'Just In Vogue' outlet," the officials said.

The "Just In Vogue" outlet, owned by a Mumbai-based businessman, sells diamond studded jewellery items designed by the Gitanjali Jewellers, the chain of shops run by Nirav Modi and his maternal uncle and business partner Mehul Choksi, the two accused in the PNB scam case.

After the scam surfaced, the 'Just In Vogue' outlet removed all diamond jewelleries that had been on display and replaced them with watches, ED officials said.

During the raid, the outlet's employees claimed it sells watches and not jewellery items.

The ED team members then searched the outlet and seized diamond studded jewellery worth around Rs 1 crore from the locker, the officials said.

ED's Patna zonal office had yesterday seized jewellery worth Rs 2.07 crore from a Gitanjali showroom here.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp