• search

PNB scam effect: Priyanka Chopra terminates contract with Nirav Modi brand

By Chennabasaveshwar
Subscribe to Oneindia News
For Quick Alerts
Subscribe Now
For Quick Alerts
ALLOW NOTIFICATIONS
For Daily Alerts

    Actress Priyanka Chopra, the global brand ambassador of Nirav Modi Jewels, has terminated her contract with the brand in the wake of Rs 11,300 crore PNB scam. Priyanka Chopra's spokesperson issued the statement on Friday.

    Priyanka Chopra

    Priyanka Chopra, with a net worth estimated at $28 million, had signed a three-year endorsement contract with Nirav Modi Jewels in January last year. She is the only woman on Forbes magazine's top 10 highest paid Indian celebrities last year, with earnings of Rs 68 crore.

    Meanwhile, the Enforcement Directorate (ED) on Friday said it has frozen bank deposits and shares worth about Rs44 crore of the Nirav Modi group, and seized a huge collection of imported watches from locations linked to the billionaire diamantaire.

    Punjab National Bank is now making attempts to recover the dues from the jeweller who fled the country last month. Two central agencies - the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) - are investigating the matter and so far, five persons have been arrested.

    More details are awaited

    One India News

    For Breaking News from Oneindia
    Get instant news updates throughout the day.

    X
    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more