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Indian authorities have seized over 10,000 imported luxury watches belonging to disgraced billionaire jeweller Nirav Modi and his firms in connection with the country's biggest-ever bank fraud of 1.8 billion U.S. dollars, an enforcement official said Saturday.
"All the luxury watches were meant for sale through Modi's jewellery stores across India. Earlier, we froze shares and mutual funds of Modi and also seized his nine luxury cars include Porsche Panamera, Rolls Royce Ghost and Mercedes Benz," said the official.
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