Brief by Shorts91 Newsdesk / 07:45am on 28 Mar 2024,Thursday India Global
London's high court greenlit the sale of a luxury apartment tied to fugitive diamond dealer Nirav Modi for no less than GBP 5.25 million. Judge Master James Brightwell approved the Enforcement Directorate's plea to secure the sale profits of 103 Marathon House, post-settlement of trust debts. Trident Trust Company aims to offload the Marylebone property, while the ED argues it stems from a Punjab National Bank scam. Modi, 52, joined the hearing remotely from Thameside prison. Extradition proceedings loom over him for his alleged role in the fraud.
