New Delhi: Absconding jeweller, Nirav Modi, in an attempt to collect all his funds lying in different countries tried to dispose of his diamonds and pearls in Hong Kong, which were estimated at Rs 22.7 crore. But this attempt at gathering funds was blocked by the Enforcement Directorate (ED), which forced his agent to send his valuables to India.

Nehal Modi, Nirav’s US-based cousin was sent to handle the Hong Kong agent, but the agent supported the ED and sent the jewels back to India.

Nirav has been Absconding since the PNB bank fraud case was exposed, this case was the highest in value in the country. Earlier this year an Interpol arrest warrant was issued against him as India was working to extradite him from the UK where he was previously said to be based in.

ED has attached assets worth Rs 700 crore to Nirav Modi and his family and also filed a charge sheet for laundering and diverting Rs 6,400 crore worth of bank funds to dummy companies abroad which were under his family’s control.