Continuing with the crackdown on fugitive businessman Nirav Modi, the Swiss authorities have frozen 4 of his bank accounts amounting to $6 million or ₹41,51,25,000 approximately, reports India Today.

Source: Asian Age

Currently the 48-year-old has been lodged at Wandsworth prison in south-west London since his arrest in March. He was arrested for a $2 billion Punjab National Bank (PNB) money laundering case.

Source: Wikipedia

Modi was arrested by uniformed Scotland Yard officers on an extradition warrant on March 19 and his fourth and recent attempt for bail was also rejected by a UK court this month.

Source: IBI Times

Claiming that Nirav Modi is the primary beneficiary of the fraudulent issuance of letters of undertaking (LoUs), a conspiracy to defraud PNB, the UK courts have demanded his availability in the courts, once in every four weeks.