PNB Scam: Immovable property of Mehul Choksi, Nirav Modi to be seized

PNB Scam: Immovable property of Mehul Choksi, Nirav Modi to be seized

In order to recover the amount involved in the scam that is Rs 11,500 crore, investigative agencies now plan to seize immovable propeties of both Mehul Choksi and Nirav Modi.

Until now, Mehul Choksi's movable property worth Rs 4,000 crore has been seized whereas worth of Nirav Modi's movable property is Rs 1500 crore.

Even after this, the duo do not return the money of the bank then the property will be sold to recover the amount

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