PNB keen to attach Nirav Modi's collection of 125 paintings

Wednesday 11th July 2018 06:17 EDT
 
 

After eyeing diamantaire Nirav Modi's assets, the Punjab National Bank (PNB) is now keen to attach the businessman's collection of 125 paintings too. The said collection includes a Rs 4 Crore worth Raja Ravi Verma 's masterpiece titled 'The Maharajah of Travancore and his younger brother welcoming Richard Grenville in 1880'. Other paintings in the collection include MF Hussain's Rs 53 Lakh worth 'Veena Player' and a Rs 4.6 Lakj Surendran Nair lithograph 'About Growing Wings'. There are also pieces by celebrated artists like VS Gaitonde, KK Hebbar, Anjolie Ela Menon, Vishwanath Nageshkar, Nandalal Bose and Vivan Sundaram.

The paintings were mentioned in an assets list prepared by chartered accountants Sampat & Mehta in December 2017. The list also includes other assets like flats in Dubai, Pune, Hong Kong and singapore, a motorboat, and Rs 5.5 Crore worth of jewellery. The Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) have both already filed chargesheets against Modi, who is the prime accused in a Rs 13,000 Crore PNB scam. The Interpol had earlier this month, issued a red corner notice against Nirav Modi.


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