Besides, the DRT-I plans to auction off two large land parcels belonging to Modi and his group company, Firestone Trading Pvt. Ltd. Both the land parcels are currently mortgaged with the Union Bank of India.
Nirav Modi is facing a fraud and money laundering probe by the ED and CBI. The UK Court said that extraditing Nirav Modi won’t be unjust or oppressive.
Choksi, who is wanted by the CBI and the ED in connection with the over Rs 13,500 crore Punjab National Bank (PNB) loan fraud case, has reportedly been taken into custody in Dominica on Wednesday