NB scam: Priyanka Chopra terminates her contract with Nirav Modi – Priyanka Chopra and Sidharth Malhotra were among the hottest faces from Bollywood who have endorsed Nirav Modi’s jewels but now it’s all in the past.
With Nirav Modi’s name being caught in Punjab National Banks’ Rs 11,000 crore scam, the stars have disassociated themselves with the brand. Aiyaary star, Sidharth Malhotra who shot for one ad campaign along with PC earlier has already confirmed that his contract with the brand got over a year ago. He told ANI earlier, ” That is something not related to us. I have nothing to say on it.”
Now, Priyanka Chopra’s reps have also confirmed that the Quantico actress has also chosen to terminate her contract with the Nirav Modi brand.
— ANI (@ANI) February 23, 2018
Earlier, Priyanka Chopra’s spokesperson confirmed that the actress is seeking a legal opinion with respect to terminating her contract with famous jewellery designer Nirav Modi’s brand in light of allegations of financial fraud and now the actress who is currently based in the US confirmed through her rep that it has been done. Lisa Haydon, who is also one of the brand ambassadors for Nirav Modi’s jewellery brand is yet to make any comment or clarify her contract with the brand.
Meanwhile, the Enforcement Directorate on Friday freezed bank accounts of Nirav Modi’s firm with balance around Rs 30 crore, ED also freezed firm’s share worth Rs 13.86 crore. During the raid, ED also seized 176 steel almirahs and 60 plastic containers that were containing imported wrist watches. The Enforcement Directorate (ED) on Thursday seized nine luxury cars belonging to billionaire diamond czar Nirav Modi and his companies, in connection with the Punjab National Bank fraud. They also froze mutual funds and shares totalling at Rs 94.50 crore — of which Rs 7.80 crore belonged to Modi and Rs 86.72 crore to the Mehul Choksi Group.