- Modi accuses Singhania of espionage
- Demands 75% of fortune
- Complaint filed, settlement stalled
Nawaz Modi, the estranged spouse of Gautam Singhania, an Indian textile magnate, has recently levelled additional accusations against him, including espionage and surveillance.
The Indian billionaire and Ms. Modi have been engaged in divorce settlement negotiations for the past few months. However, it is reported that the negotiations came to a complete halt when she demanded 75% of the fortune worth $1.4 billion (£1.1 billion) that Mr. Singhania possessed.
Accusations of Espionage and Harassment
A copy of the newly filed police complaint states that Ms. Modi and her children, who presently reside in her father’s residence, have been “living in constant fear” for their lives as a result of Mr. Singhania’s “constant harassment, threats, and spying.”
She has lodged allegations against Mr. Singhania and his staff, alleging that they installed spyware in her vehicle and forcibly occupied her father’s property in Udwada, Gujarat, a western Indian state.
Ms. Modi has additionally asserted that Mr. Singhania is tarnishing her reputation through his unfounded allegation of an extramarital relationship with an unidentified physical trainer who serves on the board of the publicly traded Raymond Group, a well-known consumer brand in India and a joint promoter of both parties.
She additionally asserts that her spouse attempted to sabotage her means of subsistence by causing damage to her fitness enterprise, “Body Art,” and she expressed concern that he might attempt to evict her and her family from their residences.
She lodged the complaint late on Thursday night.
He has refrained from commenting on the particular allegations but stated that they are all “baseless and unfounded.”
“Because of my two lovely daughters, I continue to opt for maintaining decorum. “One day, the truth will triumph,” Mr. Singhania further stated.
In November of last year, a video depicting Ms. Modi being denied access to a company Diwali party went viral, igniting the couple’s acrimonious dispute.
“Unlock your financial potential with free Webull shares in the UK.”
Additionally, he has denied her claims that the patriarch of the Raymond Group, an organisation that is nearly a century old, physically assaulted her and their minor daughter.
Reportedly, in an effort to restart the stalled settlement negotiations, Ms. Modi proposed the names of corporate veterans such as Anand Jain, a senior executive with India’s Reliance Group, senior banker K V Kamath, and tycoon Ajay Piramal.
Mr. Singhania maintains his positions as chairman and managing director of the Raymond Group, concurrent with Ms. Modi’s tenure on the board.
