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The passports of Nirav Modi and Mehul Choksi have been suspended for four weeks


Nirav Modi

Nirav Modi the billionaire jewellery designer was first booked by the CBI for allegedly cheating state-run Punjab National Bank to the tune of over Rs. 11,300 crore. The passports of Nirav Modi and Mehul Choksi have been suspended for four weeks today as CBI and ED are carrying out investigations.

“On the advice of the Enforcement Directorate, the passport issuing authority in the Ministry of External Affairs has suspended the validity of passports of Mr. Nirav Deepak Modi and Mr. Mehul Chinubhai Choksi with immediate effect for a period of four weeks u/s 10(A) of the Passports Act 1967,” said a press release by MEA.​

The Enforcement Directorate (ED) has issued summons for appearance to billionaire diamond merchant Nirav Modi and his business partner Mehul Choksi in connection with its money laundering probe in the Rs 11,400 crore alleged fraud in Punjab National Bank.

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