Priyanka
Chopra
may
terminate
contract
with
Nirav
Modi's
Jewellery
Brand
।
FilmiBeat
Priyanka
Chopra,
who
featured
in
one
of
the
advertisement
campaigns
for
jewellery
designer
Nirva
Modi,
is
currently
seeking
legal
opinion
to
terminate
her
contract
with
the
brand,
the
actor's
spokespersonsaid
today.
Yesterday,
state-owned
Punjab
National
Bank
said
it
has
detected
a
USD
1.77
billion
(about
Rs
11,400
crore)
scam
where
the
billionaire
jeweller
allegedly
acquired
fraudulent
letters
of
undertaking
from
a
branch
inMumbai
to
secure
overseas
credit
from
other
Indian
lenders.
On
reports
of
her
taking
legal
action
against
the
brand
for
alleged
non-payment
of
dues
for
the
ad
campaign,
Priyanka's
spokesperson
said
in
a
statement,"There
are
speculative
reports
that
Priyanka
Chopra
has
suedNirav
Modi.
This
is
not
true.
However,
she
is
currently
seeking
legal
opinion
with
respect
to
terminating
her
contract
with
the
brand
in
light
of
allegations
of
financial
fraud
against
Nirav
Modi."
Actor
Sidharth
Malhotra,
who
also
featured
in
the
same
advertisement
with
Priyanka,
told
PTI
that
since
his
contract
is
already
over
with
the
brand
he
is
not
planning
any
legal
action.
Last
week,
PNB
had
lodged
a
complaint
with
the
CBI
stating
that
fraudulent
LoUs
worth
Rs
280.7
crore
were
first
issued
on
January
16.
At
the
time,
PNB
had
said
it
was
digging
into
records
to
examine
the
magnitude
of
the
fraud.
The
Enforcement
Directorate
today
conducted
multiple
searches
in
connection
with
a
Rs
280
crore
money
laundering
case
against
the
designer
and
others
following
a
complaint
by
PNB.
Modi
(46),
who
had
figured
in
the
Forbes' list
of
richest
Indians,
was
booked
by
the
CBI
for
cheating
after
PNB
sent
a
complaint
to
it
alleging
that
the
jewellery
firm
owner,
his
wife,
his
brother
and
business
partner
Mehul
Choksi
entered
into
a
criminal
conspiracy
with
the
officials
of
the
bank
and
cheated
it,
causing
a
"wrongful
loss".
According
to
the
CBI,
Modi
had
left
the
country
on
January
1
much
before
they
received
the
complaint.
Credits
-
PTI