PNB Scam: Nirav Modi's Alibag Beach Bungalow Demolished With Controlled Blast

News World India | 0
| March 8 , 2019 , 15:31 IST

The Authorities on Friday has demolished the luxurious beach bungalow of fugitive diamantaire Nirav Modi, with a huge quantity of explosives on Friday.

Nirav Modi who is one of the prime accused in the Punjab National Bank scam was having 33,000 square foot luxurious bungalow which was eventually built illegally and also violated coastal regulation zone (CRZ) norms and the state's regulations as well, said authorities.

It is learnt that over 100 dynamite sticks were strategically placed within and outside the bungalow near Kihim beach, and the blast took place at 11.15 a.m. amidst tight security, said an eyewitness from the site.

To speed up the process, they decided to demolish the building through a controlled explosion, using dynamite. Raigad district collector Vijay Suryawanshi said the demolition was successful, according to news agency PTI.

A few days ago, detonators were fixed at various points on the bungalow - located around 110 km from Mumbai - to carry out the 'implosion' and bring it down in a single-shot.

With the complete structure razed to the ground, labourers will now start the work of removing the debris from the venue over the next couple of weeks.

ALSO READ: PNB Alleges Nirav Modi Scam Involved Rs 1,300 Crore More, Total Fraud Amount Rs 12,700 Crore

On January 25, the Collectorate had initiated the demolition process using traditional methods of bulldozers, excavators and other such manually-operated equipment, but it proved to be a slow and tedious process.

Attached by the Enforcement Directorate (ED) in December 2018, the bungalow was stripped off all its valuables, artworks, paintings and other expensive items. All glass structures were removed to enable the controlled blasting.

The demolition was taken up following a Bombay High Court order on a public interest litigation (PIL) filed by non-profit Shamburaje Yuva Kranti in 2009, demanding action against illegal bungalows, hotels and resorts violating the high-tide and low-tide zones in tiny villages dotting the beaches of Raigad.

Nirav Modi is one of the main accused, along with his uncle Mehul Choksi, in the Rs. 13,000 crore Punjab National Bank scam. Nirav Modi had initially approached the High Court to stop the demolition as the bungalow was among the properties attached by the Enforcement Directorate after the PNB scam surfaced.

But later, the agency handed over the bungalow to the district administration after removing valuable items.