Summary:
(File)Surat police on Saturday arrested five persons for allegedly attempting to break into fugitive diamond businessman Nirav Modi’s sealed diamond unit at a Special Economic Zone (SEZ) in Surat. (File) In February 2018, Surat and Mumbai Enforcement Directorate (ED) officials had carried out raids at the factories owned by Nirav Modi, who is accused of defrauding PNB of over Rs 13,400 crore. All of them are residents of Mumbai who entered the company premises by jumping over the compound wall to commit theft. In February 2018, Surat and Mumbai Enforcement Directorate (ED) officials had carried out raids at the factories owned by Nirav Modi, who is accused of defrauding PNB of over Rs 13,400 crore. An offence under IPC sections 457, 380, 144 and 511 has been registered against the five men..