The Enforcement Directorate (ED) conducted a raid on the Gili Jewellers showroom today in GIP mall, Sector 38A. The shop is located on the first floor of the mall. Noida news
According to sources, the raid was in connection with the Rs 11,400-crore Punjab National Bank scam by diamantaire Nirav Modi.
Gili Jewellers is one of the three companies owned by Mehul Choksi, also accused in the PNB scam, along with Gitanjali Gems and Nakshatra Brand Limited.
According to an official of the GIP mall, the raid was conducted around noon on Sunday.
The ED on Thursday registered an FIR under the Prevention of Money Laundering Act and conducted raids after allegations of fraud surfaced against Nirav Modi.
