Big Boy Toyz sacks its senior exec Miglani

Gurugram-based luxury car dealership, Big Boy Toyz, has fired its senior executive, Nipun Miglani, who was arrested along with two others by the DRI on July 16, in connection with a luxury car smuggling racket involving misuse of diplomatic privileges.

The company has also denied any knowledge of the alleged racket.

A statement issued by the company read: “Mr. Nipun Miglani is terminated with immediate effect and Big Boy Toyz does not hold any liability and responsibility towards his alleged individual transactions. It is made known to the general public at large that whatever Mr.Nipun Miglani has done in his individual capacity, Big Boy Toyz Ltd. is not liable for the same and further also if any person deals with Mr. Nipun Miglani, he may do at his own risk and Big Boy Toyz ltd. has no concern with him.”

The DRI had launched ‘Operation Monte Carlo’ after it received a tip-off that a group of individuals was involved in smuggling high-end luxury cars into the country in the name of diplomats and diverting the same to private persons, thereby evading a huge amount of customs duty