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ED to auction two cars of fugitive Nirav Modi after court’s approval
Hindustan Times Delhi
|November 22, 2025
A special PMLA court has permitted the enforcement directorate (ED) to auction two cars belonging to fugitive diamond trader Nirav Modi, observing that the cars have been lying idle for years and risk substantial depreciation.
The order was passed on Wednesday and made available on Friday.
The ED had moved an application under Section 15 of the Fugitive Economic Offenders Act (FEOA), seeking permission to auction all three vehicles attached in earlier proceedings: a Skoda Superb Elegance, a Mercedes Benz 4Matic FL 350 CDI and a Mercedes Benz GLE 250. Their combined value, as reflected in the attachment and confiscation orders, exceeds ₹1 crore.
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