The recovery writ has been filed gainst Nirav's companies Firestar Diamonds and Firestar Diamonds International. PNB will also approach the courts of other countries to explore the assets and business of both Nirav and Gitanjali Group owner Mehul Choksi in abroad.
Punjab National Bank moves Hong Kong High Court against #NiravModi. PNB will also approach the courts of other countries where #NiravModi and #MehulChoksi have assets and businesses. pic.twitter.com/5LaKB8ou7B— ANI (@ANI) April 21, 2018
Earlier, India has submitted a request to Hong Kong authorities to arrest the fugitive diamond merchant.
Minister of State in the Ministry of External Affairs General (retd) VK Singh informed the Rajya Sabha that the ministry "has sought the provisional arrest of Nirav Deepak Modi". The request was made on March 23.
The celebrity designer is at large after defrauding PNB of over Rs 14,000 crore using 1,200 illegally secured letters of undertakings (LOUs). The scam, which reportedly began in 2011, was detected in the third week of January 2018.