PNB fraud: ED to seek immediate confiscation of Nirav Modi's assets worth Rs 7,000 crore under fugitive ordinance
India | May 27, 2018 16:47 ISTThe agency, empowered by the Union government to enact the new power in the country, will seek an official declaration to categorize Nirav Modi as a "fugitive" based on its prosecution complaint (charge sheet) filed before a special court in Mumbai last week under the Prevention of Money Laundering Act (PMLA).