Nirav Modi's painting collection to be auctioned in Mumbai today. 68 paintings will go under the hammer with a physical auction today, followed by an online auction on Wednesday and Thursday. The special court had allowed the Income Tax Department to auction the high value art collection of the diamantaire who is wanted by agencies on charges of tax evasion and money laundering. According to authorities, the 68 paintings are valued at more than Rs 50 crore. Mirror Now's Santia Gora gets the details
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Nirav Modi's painting collection to be auctioned in Mumbai today. 68 paintings will go under the hammer with a physical auction today, followed by an online auction on Wednesday and Thursday. The special court had allowed the Income Tax Department to auction the high value art collection of the diamantaire who is wanted by agencies on charges of tax evasion and money laundering. According to authorities, the 68 paintings are valued at more than Rs 50 crore. Mirror Now's Santia Gora gets the details
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The Income-tax department to auction 11 luxury cars owned by the absconding billionaire Nirav Modi in a bid to recover its dues
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Fugitive businessman Nirav Modi's seized assets including artworks, luxury watches, handbags and cars will go under the hammer at Saffronart's two upcoming auctions. The Mumbai-based auction house has been selected to host the sales on behalf of the Enforcement Directorate, Government of India. While the first sale, a live auction, will be held on February 27 in Mumbai, the second will be an online sale on March 3-4.
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