ED teams conduct raids on Nirav Modi’s jewelry outlets in Gujarat

Ahmedabad/Vadodara:

Continuing its raids in bank scam of Nirav Modi, the Enforcement Directorate (ED) today conducted search and seizure operations on at least three jewelry outlets in Gujarat.

According to primary information separate teams of ED conducted raids at one place in Vadodara and 2 in Ahmedabad.

The ED seized over 200 boxes of jewelry and other items from these outlets of the firms in which Nirav Modi was an investing partner/owner.

The ED teams conducted raids on the jewelry section of Shoppers Stop store in Ahmedabad one mall in Vastrapur area in Ahmedabad and Nakshatra outlet in CG road. It also conducted raids inside Shoppers Stop based Gili jewellery outlet at Genda Circle area of Vadodara.

An ED official said that the official statement about the raids would be released late tonight or tomorrow.

Earlier ED teams had conducted raids on properties of Modi in Surat a few days ago.

DeshGujarat