A luxury apartment in London used by Nirav Modi and held in a trust can be sold for a value not less than GBP 5.25 million after a high court ruling in London on Wednesday. Master James Brightwell, the judge presiding over a hearing attended remotely by the 52-year-old fugitive diamond merchant from Thameside prison in south-east London, accepted representations from the Enforcement Directorate (ED) to hold the proceeds from the sale of 103 Marathon House in a secure account after all “pressing liabilities" of the trust have been cleared.
A luxury apartment in London used by Nirav Modi and held in a trust can be sold for a value not less than GBP 5.25 million after a high court ruling in London on Wednesday. Master James Brightwell, the judge presiding over a hearing attended remotely by the 52-year-old fugitive diamond merchant from Thameside prison in south-east London, accepted representations from the Enforcement Directorate (ED) to hold the proceeds from the sale of 103 Marathon House in a secure account after all “pressing liabilities" of the trust have been cleared.
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