Billionaire diamond trader Nirav Modi (R) shakes hands with TRH Charles, Prince of Wales and Camilla, Duchess of Cornwall. A day after a massive $1.8 billion fraud was unearthed in a PNB branch in Mumbai, the Enforcement Directorate launched a nationwide raid on Modi's the offices, showrooms and workshops.The multi-pronged action came a day after the Punjab National Bank admitted to unearthing a fraud of Rs 11,515 crore involving Modi's companies and certain other accounts with the bank's flagship branch (Brady House) in Mumbai and its second largest lending window in India.The fraud, which includes money-laundering among others, concerns the Firestar Diamonds group in which the CBI last week booked Modi, his wife Ami, brother Nishal and a maternal uncle Mehul Choksi.It is learnt that Modi - whose operations are spread across Europe, the US, Middle East and Far East besides India - has written to PNB and other banks that he would return their outstandings. (File Photo: IANS)

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